NUH 0.00% 8.1¢ nuheara limited

Apologies for the poor quality. A few observations, - The MT...

  1. 1,894 Posts.
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    Apologies for the poor quality.

    A few observations,

    - The MT Downtrend line broken was broken earlier this month after rejection of 6.1 pivot point.
    - Yesterday we saw another dragon fly doji rejection of a higher support level (6.9/7.0).
    - Interestingly the LT Uptrend remains in tact (dashed orange.. great news for those holding LT).
    - Candle following dragon fly dojies on the 2/5 and today have back tested support levels on lower volumes.
    - The co is providing the goods FA wise with serious foot in the door in the hearing aid/ impairment market by partnering with Widex & Blooms and with a niche offering in the 400$ range mutually benificial to all parties + Signing up more distribution deals every month.

    There may be some head winds with June not a great month for stocks but I think after 5 months falling to test old support levels the time to jump on board is now the story is starting to heat up again -

    SB
    Last edited by spongebobby: 01/06/17
 
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