Potential Buy Entry Alert NCM

NCM – Newcrest Mining Limited

Stock : NCM – Newcrest Mining Limited

Current Price : 21.41

Status : On watch for higher low

NCM is showing some promising signs after holding 19.30 support. Price action still has some work to do for evidence that buyers are stepping in and may even hold long term contraction on a run up to 24.50. We are now watching the price action for a higher low to build and then a potential push up to 25.50 and beyond.