NCM newcrest mining limited

ncm fundamental outlook and basic technical, page-6

  1. 2,498 Posts.
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    Good post SG, I personally dont feel that comfortable with market in general and have not bought more of NCM as I am waiting to get in the low to mid 24 and so far it has not come yet and the last parcel I bought was mid 25s...

    I also have gone short on some of the banks and taken profits from miners...somehow the market behaviour is not convincing....I am prepared to be proven wrong and take action accordingly....but so far to take a bit of defensive
    move is wise for me.

    Interesting to see where the market is heading in a few days or weeks from now.

    Cheers,
 
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