Australia's largest stock trading and investment forum Australia's #1 stock forum

Daytraders After Market Lounge 28th Sep, page-21

First 21 Last

Share
Profile

Follow
Lauban

3,555 Posts.

4

28/09/17

22:21

Post #: 27534687
Share

Originally posted by jeans_sammy ↑

NTI - You might be right.

Here is the daily chart; breaking out of continuation wedge and still holding well over 200 EMA. Still in BULLISH trend for ST-MT hold.

I did not expect it to close over 24-28c yesterday but it did. Likewise, did not expect it to sell down to 25c but it did. The only reason I can see is the stale holders highlighted in Yellow box & remaining IPO holders, which are mostly out or will be out by tomorrow. Once supply done, NTI will continue to move higher from $15m MC and will get to 55-63c target on further progressive news. While some Biotech and tech companies already trading over 100m MC without any revenue, not sure why NTI will be left behind once further contracts and validated results are out along with progress towards FDA.
(Disclosure : I am always Bullish on the stock I hold and so none of my post should be taken seriously)

View attachment 749817

Expand

I agree with endless on this one. trade the trade but don't expect something another cochlear. Until I read the actual publication, I have yet to be sold. I remember downramping RAP to no end from a medical perspective.. mhmmm
2 Upvote

Reply

Top Stories

WR1

Winsome scoping study proposes low-cost operation for Adina lithium project

SNG

Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

WMG

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

ALR

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

PTR

Petratherm adds $1.6 to the piggybank ahead of SA titanium drilling program

There are more pages in this discussion • 11 more messages in this thread...

First 21 Last