NCM
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0.00% $23.35 newcrest mining limited

HUI up approx 7% in the last two days. Newcrest needs to rise 7%...

  1. goldmick
    524 Posts.
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    25/10/11
    08:19
    Post #: 9184927
    HUI up approx 7% in the last two days. Newcrest needs to rise 7% today to match hui. Yesterday the sell algo dominated the stock after a weak opening bounce , even with the asx200 trading strongly. Will today be the same?
    Gold prices look to be recovering albeit modestly , the recent gains in copper more spectacular.
    NCM should trade up 3% to 4% today but lets wait and see....
    NCM Price at posting: $33.26 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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