There is a double bottom now against the 16th September causing a short bounce.
I miscalculated the exact bottom however locked in 2% more shares this has happened to me before. I got a small short term bounce and it broke down without warning - maybe I need more computer power.
But a drop a little below that DB could set up a broader more powerful (longer term) buy signal on my systems and align with a greater range of T/A signals. This would match the type I called on the past two buy signals.
The RSI on the daily chart is in a falling wedge could also be bullish. Well done on your grab. Mr Market may have just handed me my face again but I wait and see because the whole complex has not broken as yet.
Shocking market conditions here. DYOR and best of investing to all, CW
NCM Price at posting:
$37.83 Sentiment: LT Buy Disclosure: Held