52 week high, page-2

Looking at the chart patterns, NCM looks like it will work its way up through the 23s patiently and probably unspectacularly . Once it closes above $24 there's is a big gap waiting to close so odds are when it closes above $24 it will probably race up to 25+ in quick time. And when it does that it will have also reached new 52 week highs and decisively broken upwards out of a long ascending triangle. That's what the chart indicates as the most likely course, without reference to any fundamentals.
On the other hand, the UBS analysts say something completely different. They've had a Sell on NCM since last July, when the price was $20.57. Which is correct, technical or fundamental analysis over the next few months? Only time will tell.
I reckon a rising tide eventually lifts all boats, including supertankers like NCM.