I've been watching ncm for a couple of months now, they seem to have solid support at around $31.50 however if it breaks down through this it will go down fast imo.
gold seems to have some strong support around 1080, which has been tested twice in the last week and bounced back quickly.
I am hoping to see ncm consolidate around the $32 dollar mark for a couple of days before bouncing back up assuming gold stays above the $1080 mark.
I am watching for a good time to go long, but happy to sit and watch atm.
NCM Price at posting:
$32.00 Sentiment: None Disclosure: Not Held
