NCM 0.10% $30.69 newcrest mining limited

ncm - prospects?

  1. 9,081 Posts.
    I thought that NCM would retrace a little further before its next push through the $9.00 barrier.

    Now I am not so sure. With the big "U" seller taken out at $8.90 and with the current strength in the POG, NCM may resume its strong uptrend sooner rather than later.

    Soon the $9.00 level will become a key support level for this quality stock. By the time gold is over $400 (US), NCM will have left $10.00 in its wake.

    That's if I have read my tea leaves correctly.
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