NCM 0.00% $23.35 newcrest mining limited

capital raising coming?, page-66

  1. 1,259 Posts.
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    Closing exactly on it's open?

    We opened at $8.80 & closed at $8.70.

    Re: daily chart looks more like a bearish inverse hammer than a doji IMO.

    However it did touch declining channel support on the close, so we may get a brief snap back to $9 or therabouts if Gold can hold ground tonight.

    Interestingly the local XGD index closed right on 2000, an all time low on a closing basis. One might view this as a potential double bottom otherwise, although I wouldn't bet on it due to gold breaching US$1250 support last night, looks to be heading sub $1200.
 
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