trades, week beginning 15-Jun, page-2

  1. Neo
    2,195 Posts.
    NCM is a nice trending stock, I think it's safer to be out for now( Looking at the chart it's hard to call either way at the moment( it's in a side ways move), however price has bounced off a 50% retracement and is above a 1x1 angle from the previous range- so both of those need to broken before I'd consider going short, or it needs to start taking out some highs before i'd go long). Re-evaluate your options when the stock starts trending( making higher highs & higher lows, or Low highs and lower lows as per my illustration)

 
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