Both NCM and Gold are looking interesting - I would not be leaving a re-entry into NCM for too long or it could end up as 'the one that got away".
The gold chart is looking promising. I reckon it could be forming a double bottom at around the $780 mark and it has advanced to regain the all important Fib. 38.2% retracement level. And from another perspective there is a clear triangle forming on gold's chart ($780 - $830) and there could be a breakout in either direction. My money is still on an upside breakout but if we get a failure below 775-770 the risk will most certainly be to the downside.
Getting into NCM @ $31 might be well neigh impossible methinks.
NCM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
