Civaro,
NCM yep never fail to make traders disappointed but stock market will always make traders with high expectation disappointed.
I think that low volume last monday and public holiday and school holiday have contributed to the selling, thin volume
make "some" traders nervous.
Looking at chart I believe if the 35MA crosses 200MA there will be a strong move upward....hence I have added my position today.
This beast really needs to break clean above 30 and stay there to climb to mid 30s..
I am still long and will remain long and will take profit at the same time when the money is there.
Not everyone should agree with me but I can see that NCM will crack over 30 sooner than we anticipated.
Remember this opinion means BIG ZERO.
Stay safe and trade well.
- Forums
- ASX - By Stock
- NCM
- back to the 200 dma on daily
back to the 200 dma on daily, page-42
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)