NST 0.47% $16.86 northern star resources ltd

Ann: Resource and Reserve Update - 1 August 2019, page-92

  1. 6,518 Posts.
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    From a purest standpoint we have broken the trend per the red support line. However there is a neutral triangle (green) in there that is pre-emptive to the 3/4 lifecylce which should yield its true direction in 2-3 weeks time. The bottom of this triangle also corresponds to a mini support line since mid June which is currently supporting the current price we are seeing.
    https://hotcopper.com.au/data/attachments/1685/1685974-228d87b86f22176e05223158d9bb30a7.jpg

    From a trenders perspective $11.096 is possible according to BOL and RSI value confirms that this may have room to go lower.
    https://hotcopper.com.au/data/attachments/1685/1685969-2aa5c666666a35e2dfafa5ebe40a45ca.jpg


 
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