NCM and HLX
by, 24th-October-2007 at 07:22 AM (3320 Views)
I topped up some NCM last week on what I thought was a break up which would have a probably ta target of about $34.00. Unfortunately, I was gazzumped by the 2.6% slide in the US. However, break still looks highly probable. With POG holding and DOW up tonight I will be adding more tomorrow.
HLX reached my ahort term t/a target of 45 cents yesterday and I now expect consolidation between here and break up level around 35/36 cents. I'll be looking to top up further on any weakness.
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