NCM Asx stock Analysis

NCM Asx stock Analysis

Time Frame : Daily Chart

Watch for BUY Entry Setup

NCM price action is looking very constructive and building for a run higher. We expect to see price supported with the current buying into Gold. Aussie Gold price is the key and if the AUDUSD takes a hit, that will be bullish for NCM and other gold stocks. Price may need to clean out a few late buyers so we are watching for a higher low to build the entry setup.

Stock : ASX stock NCM

Current Price : 31.00

Status : On watch for a move above 31.50