NCM
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0.00% $23.35 newcrest mining limited

Thanks HappyCats, I took the short based on a TA signal .... I...

  1. nzrugby
    426 Posts.
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    25/05/16
    11:42
    Post #: 17860992
    Thanks HappyCats,

    I took the short based on a TA signal .... I saw an Island Break-Away gap coupled with yesterdays inside bar so took a short. yes a very brave call but I think this stock is way over valued short term.

    I can see this going down to circa $17.50 some time in June.

    Cheers
    nzrugby
    NCM Price at posting: $19.18 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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