NCM 0.00% $23.35 newcrest mining limited

short covering today, page-4

  1. 2,498 Posts.
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    Bullish trend is confirmed....NCM got that catalyst it needs to go up.

    Yesterday support at around 33 was confirmed with the day finished up way above 33...important signal.

    The past 8 days trading which look hesistant for NCM have created a deadly trap for the shorts and they get killed big time today.

    The party may have just begun today and real possibility of instos coming and pushing this beast toward 37 and beyond in a very short time.

    Chers,
 
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