NDO 0.56% 90.0¢ nido education limited

chart update

  1. 4,627 Posts.
    Just thought I'd put a chart up to highlight my points in my earlier post today and as predicted the volume today was reasonably high and was the highest volume over the last 4 days, the spread of the bar was wide and it finished on it's low's, showing concerted selling and probably more to come. Note also the MACD has turned down and stochastic is heading south as well, showing further weakness. Long term support is at .165 so I would expect price to find some solid ground there and this also coincides with the 41 day ema as well. Again I stress that I am looking short to medium term and hopefully in the next few days we will see a great low risk entry into what will long term be a very solid stock imo.



    Cheers!
 
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
NDO (ASX) Chart
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