good point....unfortunately for this same thing to happen then NCM will need the same amount of forces ie buyers momentum, sentiment to push it up again as in 2010.
We dont realy know no matter how much we try to reason, and
to the shorts they will see 100 reasons NCM will go lower and to the longs the opposite is true.
Me...I dont know but all is a bet....if you make a wrong call the best is to get out once market confirms that it is a wrong move....and we will never know why this happens and why this does not happen.
NCM can go lower, it could not hold that 33s level and now it looks that it may touch low 32s....if it breaks,next major support looks like 30.....it needs more catalyst to move it up.
I will stay neutral and just watch it.
Cheers,
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good point....unfortunately for this same thing to happen then...
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