A Buy to Accumulate or Speculate??
A Sell to protect profits??
A quick scan of Weekly Monthly charts show some tiredness.
Weekly shows Triple Tops trying to hold. If they hold its upwards bound. Potential Bull Flag on weekly also.
However if NCM breaks support at below $38. Could easily slide to $34 if it breaks this $30. Better buying prices than Now me feels
Monthly shows tiredness 3 attempted runs with pull backs everytime. Last time it did this was Jan 2008 and it came off $40.50 down to low of $30.30 Yes the Entire Market got smashed back then and things are different now (?). Although March is known as a good pull back month!
My broker said big boys next week so all will be revealed then (total market that is)
BDZ
;))
Best suggestion perhaps is pull up charts n start having a look remember Monthly, Weekly as they reveal alot more than dummies like me normally see on Dailies
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