I sold out yesterday at $6.83 - reasoning - above upper Bollinger
Trend is running up, but Stochastic overbought for too long for my liking.
I would say first support is yesterdays gap at $6.65
Then next below would be middle of Bollinger around $6.39, which would be a fair support as it is the 23 day Ex Moving average as well.
If you believe the trend will still run, it may form a basis around the top of the pitchfork in the chart below. A nice parallel run up has formed, i got out cos it broke to quickly for my liking.
This would place a fair LT support around the early $6.30s, below that it could be a bit nasty
My take
Stu
NHF Price at posting:
$6.81 Sentiment: None Disclosure: Not Held
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