NCP has recently had a great run.
From less than $9 to bordering on $13 in a month and a half.
A lot of this has been driven by Insto's being caught short.
With a neutral outlook for the next few months in the US, I am anticipating that the rally may just consolidate or fall back abit.
Time to take the profits and look for the next entry point.
Having said that if News Corp breaks $13 with any intensity then I would have called it wrong.
This is a gut feel call, although if NCP closes today around $12.80+/- 5c, then a bearish candlestick pattern will be in place as well.
Good trading
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