NCM newcrest mining limited

hats off to country writer, page-7

  1. 372 Posts.
    stocktoe; what you thinking now that NCM finished the day with an inverted umbrella on the candlestick chart? This is one of the toughest charts I've seen in a while, can't seem to understand what's going on and constantly waiting for a signal either way. What's your opinion now that this failed to hold $40 and close on the day low?

    I'm kind of neutral to be honest, wasn't impressed with the close today. Constantly getting so many false alarms on this stock, it goes up only to get sold down again, all strength is being sold into, is this being dumped by someone big? May explain the indecision all the time.
 
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