NCM 0.00% $23.35 newcrest mining limited

ncm in the $8's

  1. 1,050 Posts.
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    Looking steady with above average early volume.

    Should go to at least $9.06 in the short term to close the gap.

    Positive divergence on the daily and weekly RSI and MACD that people are not mentioning. Divergence on weekly is plain to see (image).

    Opened the week at $9.61. So weekly stochastic will be way oversold as of today's close under $9.

    Daily Slow Stochastics in way oversold territory, registering only 1.9 on my screen.

    RSI also in historically, comfortably oversold zone.

    I see no more positive posts, nothing, not from anyone. All negative. Fear is very high.

    Market cap listed at around 6.7B on $8.74/share. Down from >20B.

    Time to add more longs for me.
 
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