National CineMedia oversold, but not the end of the road. NCMIImmediate targets 2.07, 1.85. Invalidation at 3.05.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NCMI
Nation CineMedia moving up. NCMIWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NCMI - Fallen angel pattern Long from $7.73 to $8.23 & $9.33NCMI seems forming a fallen angel pattern and getting ready for another run. It has beautiful moneyflow. We think it has good upside potential both on short term & longterm.
* Trade Criteria *
Date First Found- July 26, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $7.73
Exit Target Criteria- 1st Target $8.23, 2nd Target $9.33
Stop Loss Criteria- $7.23
Please check back for Trade updates. (Note: Trade update is little delayed here.)
NCMI - Fallen angel pattern Long from $7.57 to $9.87NCMI is forming a nice fallen angel pattern. Very nicely shopping up, and tethering its SMA20. It also has huge moneyflow accumulation. We think it has good upside potential.
* Trade Criteria *
Date First Found- June 8, 2017
Pattern/Why- Fallen angel pattern
Entry Target Criteria- Break of $7.57
Exit Target Criteria- $9.87
Stop Loss Criteria- $7.07
Please check back for Trade updates. (Note: Trade update is little delayed here.)