NCM chart, page-638

Your chart analysis would be appreciated. I always have some funds aside for trading and goldies - particularly NCM - have proven to be fertile ground for short term trades. Long term my opinion is we hold our investment parcel but think there is money to be made and relative weakness against other producers today may present another opportunity. I know NCM is the lumbering giant of ASX listed gold producers and has perhaps some lingering effects of the SPP with results to be announced in the next 10 days but feel price action today is perhaps too much out of kilter with the rest to ignore