NUF 2.86% $4.14 nufarm limited

hi rhinonz,, page-3

  1. 8,884 Posts.
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    Be careful on this one imo. It has fallen hard for a reason.

    I saw a segment on CNBC a few nights ago where similar companies in the US have horrible forecasts for the next 12 months. The whole sector will underpreform in the next 12 months imo.

    Technically it looks ok but I would be waiting for more upside first personally. Support is at $9 from Oct08 & Feb08 but I feel the fact it broke down through support albiet intraday is not a good sign. May head to $7.50 st imo.

 
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