Like to give Mike(and myself)some moral support here.
NCM 2YRS daily equivolume chart
Are we again at 30July 2010 period ???
Looks very similar on the chart
Take last High 23Feb with last Low 29Dec
the 50% Fib = $32.81
Friday opened above it,but closed below it(32.57)
The next Fib 61.8% = $32.03
Comparing this week action with 30July 2010 period,it too went below its 50%(high/low),however it DID NOT touch the 61.8%.
Should be an interesting week ahead,and looking forward to NCM closing above 32.81 by next weekend.
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