Well my take is pretty bearish - by my weekly, we broke down through mid-term trend support in the second week of august, with a back test in first week of sept.
I'm expecting NTU to test 40c - if it holds I'll be back in.
As an aside - big downgrade for Molycorp in the US overnight dropped it >20%. Today, LYC is down almost 15%. Not looking good for REE.
I won't presume to tell existing holders what to do - hence no sentiment. I sold my last at 62c in mid august - waiting until its time to get back in as I do think NTU has some good prospects.
I originally got interested because of the U in NTU - before the name change, so I'll be watching drilling results carefully.
Well my take is pretty bearish - by my weekly, we broke down...
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Last
2.9¢ |
Change
-0.002(6.45%) |
Mkt cap ! $171.4M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.9¢ | $74.70K | 2.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 860003 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 462160 | 2 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| NTU (ASX) Chart |