NCM 0.00% $23.35 newcrest mining limited

me sense the company is in play, page-15

  1. 8,028 Posts.
    If the "Auto Bail out" is in place, that means they would need to print more USD, does this mean NCM is going to shoot up higher? Looking from Nov07 til now, there's been 6 times when she hits the $33~35 mark, profit takers comes in and push down the stock. Is this the resistance level? I have not got any, but looking at buying in. If she can break this $35 level, then $40, we may see her up to $100 next year, with all major currency is heading down at the moment. Please correct me if I am wrong.
 
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Currently unlisted public company.

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