the good (or bad) thing about charts is that they (silly as it seems - or logically really) don't really care what drives them to do what they indicate will occur pricewise.
That is why I find their forward looking capacity of more value then possibly tainted or at best retrospective ASX announcements.
The chart suggests a spike followed by a slow decline to the lower levels indicated. What will cause that series of events? It doesn't really matter because aside from the amusement value as traders the really important matter is the financial impact. Anything else is curiosity.
NCM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
