NCM has broken out of its medium term congestion range ($5.50 - $7.50) in the last two days.
If it can better its May 2002 high of $8.41 this stock will be well and truly on its merry way .... to where?
It may even reach its all time high of over $20 if the gold bull market runs its course over the next few years.
I have added NCM to my portfolio today at $7.62 after its decisive break above the $7.50 level and see the stock as a long term hold.
