Have a look at a chart for NCP - it has bounced around 12 to 12.40 a few times in the past and usually broken up through it. Id say it will this time - its hit resistance at 12.25 ish a few times setting itself up for a breakout towards 13.00 which i think will be tomorrow. This is actually my next trade and I will be buying calls tomorrow. My target is 12.40 first stop then 13.10 for gain of 50% to 200%. I'll be wrong if NCP closes below 12.00 in which case - close out my positions and re-enter at next support level of 11.80
Cheers all
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