Short term 10 day chart on the hourly, looking for a bounce on Monday. Could reach up to $1.20 in the short term.
Longer term looking at the weekly graph, first point of resistence $1.40 and major resistence at $1.50.
Only recently taken a bit more interest in charting, so still fairly new. I like the fundamentals of this company and strong dividend policy (even with this years drop), they are looking to reinstate with further economic stability - last year was 9.5c dividend. Mookie's right about trading substantially lower to its peers, and is still in catch up mode. Consider NWH full year dividend of 2c and trading at $1.30-$1.40, with EPS of 15c, ie PE 9. NOD full year dividend 4.5c, EPS 14.8c, current PE 7. I'd say now will be accumulation mode to pick up shares cheaply, before it runs further.
One to watch closely, I'm sure on a few radars at present.
NOD Price at posting:
88.7¢ Sentiment: LT Buy Disclosure: Held
