I know I will get accused of ramping but.....When NCM was...

I know I will get accused of ramping but.....

When NCM was $24-ish, I brought up a WEEKLY chart and noticed the huge ascending triangle pattern it was forming. Based on this T.A., NCM's target is around $40. But it took about 50 weeks to form this pattern, with a breakout occuring above $26-ish, so I suspect that it will take a long time to reach this target.

But I thought I'd add this analysis to the forum because it might stimulate some interest.

Cheers