If you are long this stock, well done, the shorts are finding out what happens when you outstay your welcome.
Bearish news is a good sign a low is near, that being said, i can count a 5 wave advance from the lows, so if you hold this stock it might be an idea to top slice some and take your $$$.
If a 3 wave pullback towards $8.20 if could offer a chance to get back in and buy the pullback.
The last high is showing RSI divergence when is generally seen at the top of a 5th wave.
NCM Price at posting:
$9.13 Sentiment: None Disclosure: Not Held
