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$23.35 newcrest mining limited

NCM $40 by end of the year, page-69

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iron-fish

390 Posts.

14/07/16

14:35

Post #: 18269774
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Originally posted by nzrugby ↑

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

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Don't worry about TA, NCM is a blue chip stock which you bought and hold and forget .

If you like to check sp on hourly basis, you better invest in some spec stocks like PSC , JCS...

Don't be panic on a red day. You will be fine .

NCM Price at posting: $25.25 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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