lots of leverage to come out following the shakeup in early august on the xjo,,,and redemptions and ncm shakeoput on monday....
big level of 35.15 the low of Jan 2011 tested and completely failed....
now below the other big level that we fought over for months 34.20 and with the xjo now falling off 4000, looks like ncm is about to go back into the hurt locker....
back to test the low last week of 32.65 imo,,be careful
NCM Price at posting:
$33.94 Sentiment: ST Sell Disclosure: Held
