NCM 0.00% $23.35 newcrest mining limited

very strong, page-6

  1. 9,081 Posts.
    "where are the coalking's, wxyz's, xerxes's etc for comment??"

    Still here .... watching.

    Be interesting where it closes at the end of today. I expect there will be quite a bit if intra day volatility but a close above $26 would be nice and positive .... and a close which is closer to $27 than $26 would be very, very good ... BUT a close +$27 would be awesome in the extreme.

    The breakout from $24 is now 'rear vision mirror' history.

    If ( or rather, when) we get an end of week close +$30 it would, I reckon, be a grave error to sell. An end of week close +$30 would, in my view, mark a definitive break of NCM's long medium term downtrend and would herald the start of a significant new uptrend that may be see the all time high under threat.

    Just my take on things - through the rose coioured lens of a 'true beliver'.
 
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