NUH 0.00% 8.1¢ nuheara limited

When a share increases as fast as this it is not surprising that...

  1. 1,243 Posts.
    When a share increases as fast as this it is not surprising that it has dropped back to below 10c... Simply got a little ahead of itself and those who want to take their profit off the table are doing so... That's what the market is all about...
    Approx. 60million shares traded from when it started making its recent move about a week ago from 6c to 9c... And now there has been approx. 60 million shares traded between 9c and 11.5c. Without news it may base around this 9/10c level...
    Without basing it makes for a weak, short term break out... If you're in this for medium to long term you need the basing periods to maintain the increases in share price...
    Looking forward to further up dates Nuheara! Keep up the good work. Cheers.
 
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