NCM 0.00% $23.35 newcrest mining limited

where will ncm sp open monday?, page-22

  1. 14,914 Posts.
    Well it fell to $32 yesterday which was the bottom band of the rising wedge. Notice how it fell to $32, then bounced straight back up and looked like it was going to change trend? So close....but the market just pulled it down overnight. Will be interesting to see if this is a false breakout or not. If it is, then its blue sky up $37 or more likely $38. If its not a false breakout, then I reckon $30 is the next stop and see what happens then.
 
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