BGC bridge global capital management limited
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50c resistance close to breaking

  1. Surandy70
    12,407 Posts.
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    24/07/07
    10:58
    Post #: 2647267
    NFL hit 50 cents in trade this morning taking out a chunk of buyers at that level.

    50 cent resistance level looks very close to breaking.

    Hopefully 4th quarter commitments test announcement due out the end of this week or start of next can reverse this trend, unfortunately I doubt it though. I can't see a re-rating on NFL until the Singapore plant is completed and fully operational.
    BGC Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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