NCM 0.00% $23.35 newcrest mining limited

time to go long, page-20

  1. 9,081 Posts.
    Mm ... you'd have to be one game puppy to short NCM at the momment. It's showing suprising strength at today and the pivot point of $24 looks solidly safe.

    I don't trade the short term swings but I have an interest in such movements with this stock.

    I reckon - the gold price fall notwithstanding - that it will not be all that long before NCM takes out the big resistance hurdle at $30 and establishes a new, definitive uptrend. Early days yet ... but it will be interesting to see how it all unfolds.

    Good luck.
 
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Currently unlisted public company.

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