3 Week Pivot Reversal.....
Has been a reliable indicator in the past for NCM.....
Gold surprised me with it's weakness the last couple of sessions, however its reversal off 1630 odd last night bodes well for the future....
It should be noted that NCM performed the same trick this time last year, and rallied into late February......
however, it should also be noted that this Turning Point is above its July lows, which may indicate a larger rally on the horizon......
I know, I am a NCM tragic......
xjo weekend zoomba lounge, page-17
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Last
8,150.0 |
Change
-55.200(0.67%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,205.2 | 8,205.2 | 8,107.6 |
| XJO (ASX) Chart |