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$23.35 newcrest mining limited

Expect a lesser fall in NCM today as its peers. Share price has...

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kaibigan

131 Posts.

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04/06/21

10:08

Post #: 53642705
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Originally posted by prowiz: ↑

Daily chart of NCM showing a very nice bullish upward sloping inverted head and shoulder pattern, price target around $34. The 50 period MA and 200 period MA is also converging very nicely, I feel like this pattern will start playing out once we get that golden cross (possibly within the next 2 weeks ) and price breaks the top of the neckline....

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Expect a lesser fall in NCM today as its peers. Share price has done nothing since a 100+ rally in gold price in the last month... if it falls heavy good chance to top up..

NCM Price at posting: $27.38 Sentiment: Hold Disclosure: Held
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0 Great analysis

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