Potential Buy Alert
NCM – Newcrest Mining Limited
NCM has seen some heavy selling lately after a spike up through 24.00 but the buyers are soaking up the selling pressure. The gold producer is coming into a potentially strong buy zone so we are now on watch for a higher low to build for an opportunity to ride the price action higher.
Stock Code : NCM – Newcrest Mining Limited
Company Website : www.newcrest.com.au
Current Price : 22.89
Status : On watch for buy entry setup