Hey People,
Hope your fairing well, I have been slightly misleading, in my previous post, memory not as good I as think sometimes, my Evn trade was 4 Trading Days from 6/2 to 11/2 and gain was 7.77%
Interesting Day for Ncm, if anyone wondering why it got support at 23.53 well it is pretty much exactly 5% down from recent high of 24.77 and it is also just above mid points of 24.03 and 22.96 which is 23.495, this to me is +ve IMHO for Ncm as it did no go 6.25% (1/16th) from high and is above an important mid point.
The high for the day of 23.88 is due to the Mid point of recent high of 24.77 and low of 22.96 which is 23.86 and 25% or a 1/4 of range(2.89) from low of 23.16 is 23.8825
Volume is dropping and this is 2nd day down so tommorrow will be interesting.
Good luck to Holders
snider
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