If you are buying NCM long-term, then its OK to look for an entry now.
But NCM was always going down after the failed bar on Feb 19. I sold & locked in my last profits on that afternoon. I too am looking to buy back, but unless their is a recovery on the ASX today, or a spike in gold overnight, we should be able to get it still cheaper in the next 2 days.
Long termers have no problems beacuause NCM is the best goldie on the boarse. Traders and those looking for a bargain entry will probably look to get in lower.
We will have to see though!
;)
NCM Price at posting:
$31.20 Sentiment: LT Buy Disclosure: Not Held