NCM 0.00% $23.35 newcrest mining limited

Massively oversold today, that's 3 gaps down! with plenty more...

  1. V*
    5,154 Posts.
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    Massively oversold today, that's 3 gaps down! with plenty more below.
    It's now quite bearish, fallen out of a trend channel.

    Is all due to a recent announcement? was there an explosion or something? I saw some vague commentary but have not been watching announcements to be honest.
    (these colors look horrible, sorry )

    It's quite hard to read now. breaking the channel super bearish.
    More gaps below, also bearish.
    Massively oversold, worth buying some today, but only if POG holds these current levels or the next gap down will fill for sure (IMO).

    Last edited by V*: 28/04/17
 
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