Potential Buy Alert
NCM – Newcrest Mining Limited
NCM is a gold bugs darling and looks ready to kick up out of long term contraction in price. We see the potential for Gold miners to get a boost from a weaker AUD and also the potential for Spot Gold to kick higher. NCM still has a bit or work to do but we will keep this on the radar for a push up out of contraction and then a buy entry setup.
Stock Code : NCM – Newcrest Mining Limited
Company Website : www.newcrest.com.au
Current Price : 21.89
Status : On watch for buy entry setup