NCM 0.00% $23.35 newcrest mining limited

Do you think so? NCM is fairly heavily hedged and is susceptible...

  1. JWM
    319 Posts.
    Do you think so? NCM is fairly heavily hedged and is susceptible to the changing $Aus. There is also a fairly well established resistance at $13.50. There may be more upside in the long term, but for now I believe it is a good short at this level.
 
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