very strong

NCM is displaying remarkable strength. The $24 "pivot point" signalling the first tentative signs of ending the medium term downtrend now looks pretty secure.

Looks to me as though NCM is gearing up to eventually tackle the major resistance at $30 - and that could happen in a surprisingly short time.

Once there's and end of week close +$30 it's "hello uptrend" and then a measured assault (albeit with the inevitable corrective consolidating pullbacks) on the all time high.

NCM - a good place to be in troubled times ... imo.