NCM 0.00% $23.35 newcrest mining limited

near term outlook negative, page-14

  1. 3,846 Posts.
    I think gold must be going back to $1000 level for a look.
    Charts patterns for past 6 months of most goldies not a good look.NCM doing some sort of head and multi shouldered formation,now making lower lows and lower highs.Will throw out a few potential targets.
    NCM 28.00
    LGL 2.40 Easily
    TRY at least to long term trend line at 1.70ies - 1.80
    PRU 1.20
    SLR back to 85 or maybe 75 - did a great job to scramble back up above 1.00 but it wont last.
    DOM no comment
    KCN best of the bunch but still heading down.

    On the sidelines so could be accused of being biased but thats cool.
 
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