Prepare to see GOLD go for DIP!
I can see all GOLDIES taking a strong hit perhaps until Friday 27th
The trend is still up and when you look at the Weekly Bollingers of NCM, you'll see why it will pull back.
The NCM Calls are being savaged right now and I pity the poor soul who bought 400,000 NCM at $37.20 before the open today.
Gold fever can make you blind I guess.
I agree with others that $45 is "the first target" for NCM but as all you chartists know, you get the best bullish rises from "under" higher parabolics on an uptrend, as we are seeing now.
This may be fanciful, but if we see $35 by tomorrow then I cannot rule out $34 on Friday 27th................ and if it gets there, it's a BUY I think.
- Forums
- ASX - By Stock
- NCM
- getting smashed now
getting smashed now
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NCM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online