always happens that way but DOW is still strong and with a bit of good news from Europe and Gold price NCM can really move towards 34.66 then 36.95 and even beyond very quickly This gap looks good and if they hold above 34 at the close then this could be a very rewarding journey for the longs.
The question is when to get out and take profits....some already taking profits as they get in much earlier Traders say minimise your loss and ride your profit..hmm.. easier said than done. Those the ones got in last week will have this question in their head now and lots of people got scared of losing their profit when there is a big move like today relative to previous move.
Enjoy the ride and dont get too cocky.
Cheers,
NCM Price at posting:
$34.01 Sentiment: Buy Disclosure: Held