NCM 0.00% $23.35 newcrest mining limited

target 32.50, page-46

  1. 13,085 Posts.
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    we have been all around the ballpark but it looks like we are headed in the right direction, gravity of planet $1000 will have another go soon..USD is weakening in an orderly fashion at the moment....

    Massive positions put on yesterday at 29.66/71 and 78...

    Volume yesterday was very strong in the first hour at $29M but between 1pm and 2pm volume feel away along with price (6.5M)

    Gold in AUD terms has really bounced up at 1171, only last week it was 1122...

    Comm Bank has even upped thier stake to over 10PC so others are bound to follow

    Near term target looks really possible as the short side gets belted providing the fuel for a rise..

    All Aboard!!



 
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