NCM
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0.00% $23.35 newcrest mining limited

I can see at least 3 TA reasons to short this stock from the...

  1. nzrugby
    426 Posts.
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    12/09/16
    15:14
    Post #: 19099215
    I can see at least 3 TA reasons to short this stock from the charts ......
    1. Gap at $20.00 needs to close,
    2. Head & Shoulders pattern between July & end of August with the right shoulder lower than the left,
    3. Breach of Channel support with the stock now in a down trend,
    NCM Price at posting: $21.13 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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