NCM will at one point stop going down and very rarely big top 100 can go bust but it requires a change of heart and sentiment from traders and big instos.
Nothing goes down forever and I am waiting for that signals
and market is never wrong.
SG is a number guy and I am not interested in reasons as I will try to understand and listen to market and price tells me the truth.....unfortunatley NCM has gone lower more than higher.....I cant fight that fact and message.
No one knows when gold will hit 1500 or 1900 again but it may still happen and when it does NCM will make traders a fortune.
Analysts or brokers can give valuation higher than 7 or 10 or 12 but it is meaningless as they are not willing to back that call themselves with big money and go against the market and till this force change NCM will strugle.
Cheers,
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