daytrading may 17 morning, page-63

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    Dear Clients,

    NCM has today made a new low since 2005 (see monthly chart below) while the GOLD price (second chart below) is also breaking major support levels.

    The third chart below shows that NCM could fall below $12.00 based on the weekly trend channel.

    Please email / call me asap if you would like to see the trade idea. I will also be doing the same trade in my own account.

    Min Investment $500
    Max loss $500 or amount paid for trade
    Max return unlimited (to a share price of zero)

    Potential profit would be about $3250 for a $500 investment if the stock hits $12.00 before June options expiry.
 
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