NCM
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0.00% $23.35 newcrest mining limited

that big gap down on thursday with a close well ab ove the low...

  1. sally2412
    1,258 Posts.
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    11/01/09
    23:43
    Post #: 4680188
    that big gap down on thursday with a close well ab ove the low followed by a strong up day with increased volume can only mean one thing ..buying pressure...significant support at 30.40..watch out for resistance at 31.25....maybe some sideways movemnent within that range for afew sessions...

    or it could gap up tomorrow at open through resistance which wouldn't surprise me given al the doom and gloom over the weekend..in which case an open above 31.25....and next resistance 32.60
    NCM Price at posting: $30.65 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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