Banter and General Comments, page-2120

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kickit2me

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21/06/21

16:52

Post #: 53971334
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Originally posted by YourDudliness: ↑

SP up 20% over about a week (so like 20 years of interest in a high bearing savings account ) and we're nowhere near knowing what the commencement of the HP numbers might look like.

And that's on a bear market day!

The recent trading channel from the low indicates that the major resistance area is around the .048 to .053 vicinity, which is where we are thrashing through now and supported by decent volume. Once we get through that resistance dissipates which means northerlies should be much easier to achieve. Of course that doesn't take into account SP manipulation, but blame the ASX and ASIC for those issues...see how far it gets ya'...LOL.

So if you can't handle the profit taking/churn on the way up...maybe step back and take a breather...the intraday fluctuations will drive you nuts. More importantly, don't be too keen to take profit on this one I think...let runners run!

Personally, I very much like the way the SP is travelling and having a decent grip on the FA...if all goes according to expectations I believe NUH has entered a new phase of growth that I think many here hoped for earlier but taking longer than expected...for now I'm just looking forward to a quarterly with positive signs...

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But where do we reckon 9.9m sell volume came from today?

The Twitter crew started buying around 4.2/4.3c - I guess 20 to 25% profit in a week is a very good return.

...

NUH Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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Banter and General Comments, page-2120

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Banter and General Comments, page-2120

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