Not yet,
All the TA indicators are still pointing to NCM being overbought. I personally don't like that big gap at $19.87 back on the 03/06/16 - I think there is a good chance of this retracing back to this area and close the gap if there is any weakness in the POG.
As Alexander Elder would say .... buy "Value" and IMHO NCM doesn't present any value to me atm technically or fundamentally.
Regards
nzzrugby
