profile and accumulation ...

  1. 5,816 Posts.
    Hmmm... Analysts are mixed over new appointment of new CEO to troubled (French) Vivendi as no doubt Rupert wants it badly ...

    The failure of talks over (Italy) Telesiu (Stream etc) had some thinking Rupert was using these to lever a better deal for Vivendi ...

    As with others ... (German Kirsh) Rupert is seen as a predator in Europe and universal efforts by local forces to thwart his advances ... the chess game continues.

    Locally, picking entry points for NCP are never easy .. volatility and sensitivity to any media reports cause instant market reactions ... you either love NCP or hate it ..

    Chart shows recent prices grouping at Fib(161.8%) of the Sept01 low and with customary NCP nervousness around reversals ... qualifies as accumulation ...

    Chart looks like this ...



    This is only my view ... read the red stuff.
 
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