NCM 0.00% $23.35 newcrest mining limited

2 types of SHORTS, page-57

  1. 1,867 Posts.
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    I expect some investors dumped stock late Friday to close out positions on what is a more volatile stock and take a holiday. NCM just got caught up in end of year squaring up portfolios. From here on we're trading in thin markets for a few weeks where the prevailing direction is exaggerated . As the chart has turned up for ncm I expect that direction to continue without a sufficient volume of selling to hold it back. That's a premise of my open long trades for the moment and subject to any extraordinary world events, expect a steady climb from here on light volume.
 
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Currently unlisted public company.

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