NCM 0.00% $23.35 newcrest mining limited

back to the 200 dma on daily, page-42

  1. 2,498 Posts.
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    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.
 
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