Tag: ASX:NCM

Newcrest Mining remains under Algo Engine buy conditions. NCM has reported an in-line 1QFY21 result with group production of 503koz.

The company expects an improved production performance in 2Q.

We suggest investors accumulate NCM above the $29 support level.

Since writing the above post NCM has bounced off the $29 support level and is now trading at $30.64. The momentum indicators continue to trend higher.

Newcrest Mining remains under Algo Engine buy conditions. NCM has reported an in line 1QFY21 result with group production of 503koz.

The company expects an improved production performance in 2Q.

We suggest investors accumulate NCM above the $29 support level.

Newcrest Mining remains under Algo Engine buy conditions. NCM has reported an in line 1QFY21 result with group production of 503koz.

The company expects an improved production performance in 2Q.

We suggest investors accumulate NCM above the $29 support level or watch the short-term indicators for a reversal higher.

Newcrest Mining remains under Algo Engine buy conditions and we see buying interest helping to build support above the $30 level.

We suggest investors accumulate NCM between $30 – $32.

Newcrest Mining remains under Algo Engine buy conditions and we recommend investors accumulate between $30 – $32.

Newcrest Mining remains under Algo Engine buy conditions and we recommend investors accumulate between $30 – $32.

Newcrest Mining remains under Algo Engine buy conditions and we recommend investors accumulate between $30 – $32.

Newcrest Mining remains under Algo Engine buy conditions and we recommend investors accumulate between $30 – $32.

Newcrest Mining remains under Algo Engine buy conditions and we recommend investors accumulate between $30 – $32.

NCM is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio. 

We see price support developing near the $28.50 higher low.