NCM newcrest mining limited
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It's also more oversold now than previous bounces in weekly view...

  1. V*
    5,147 Posts.
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    22/03/18
    08:21
    Post #: 31936831
    It's also more oversold now than previous bounces in weekly view (at those bottoms).
    (Meaning the rubber band wants to snap back up with a bit more force)


    US POG continues to respect an uptrending channel and support line just above $1300 so I am currently bullish the POG.
    (If breach and support around the highs next at $1375, indicates to me around a $1500 target.)

    Last edited by V*: 22/03/18
    NCM Price at posting: $19.39 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 2  Great analysis
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