NDO 0.00% 87.0¢ nido education limited

double bottom?, page-9

  1. 6,354 Posts.
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    I think you forgot point 3.

    3. They're just selling out...ie, no agenda.

    This would suit a DB scenario, although I think Europe's woes keep rattling the wicket a bit.

    Some stats.

    Stock T/O 4/10 to 28/10 (24 days) 88.251M (this represents only the upside rise off the first bottom from 3.6c to 5.4c).

    Stock T/O 29/10 to 8/12 (41 days) 73.521M (this represents only the downside to where we are now, and includes the fall from 5.4c to 4.6c, and back up to 5.1c, which many would have thought was the natural retrace before the next leg up beyond 5.4c).

    I'll leave everybody to put their own interpretations on these figures.
 
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