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