Buyers starting to put the pressure on and push price higher

New Buy Entry Alert NCZ

Time Frame : Daily

Sector : Materials/Industrial Metals and Minerals

Key Stats : $637.53 Million Market Cap, VWAP 1.325, ASX Ranking 307

Company Overview : New Century Resources Limited (NCZ) is a mineral exploration company based in Subiaco, Western Australia. NCZ focuses on the Kodiak Coking Coal Project in Alabama, USA.

 

NCZ – New Century Resources Limited

NCZ is showing strength in buyers after a minor pullback to clean out a few traders and put them back on the sidelines. We are now happy to buy on a push up through 1.405 and hold the stop loss at 1.20. If price pushes below 1.20 prior to entry, then we will re-assess the alert.

 

Stock Code : NCZ – New Century Resources Limited

Company Website : www.newcenturyresources.com

Current Price : 1.36

New Buy Entry (Trigger Level) : 1.405

Potential Sell Exit Zone (Stop Loss) : 1.20

Status : On watch for buy entry trigger