NRT should be able to pull in $5-50 area again soon enough.
Today? Tomorrow?
But overall they really need more time to regroup in the 'low'. So even if $5-50 comes they will probably head back down to $5-20/10 area anyway. Over a few days.
And that 'need' to flounder along and regroup, while sellers are cleared, can also kill a Retrace to $5-50. So unless you bought on Friday in the dive area I wouldn't be advising buying today ($5-30 now). And if you did get them in that nice low on Friday, then I would be selling at whatever height the 'crest' forms today.
That is yet to be seen.....so far looking 35/40 area. But there is till time through the rest of the day to see that $5-50 area.
- Forums
- ASX - By Stock
- KZA
- chart for those interested
chart for those interested, page-22
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)