NSE 0.00% 0.4¢ new standard energy limited

Today's trading action could mean the correction is over, my...

  1. 328 Posts.
    Today's trading action could mean the correction is over, my target price was 15-16c, today sp bounce off 16c and reached high of 18c and close at 17.5c, in my view this is a good sign, but we did not have enough volume which is the only -tive about today's action, it's either 1) the market is not confident enough or 2) most of us holder valueing NSE at a higher price and was reluctent to sell at this price.

    And I would think it is 2) we are talking about here

    I also notice some indecator has cross up. And not to mentaion the chart looks very strong and bullish, so I think we'll have a good week this week

    and I think the next retracement price is around 24-26c but I could be wrong if we have new Ann coming

    good luck to all
 
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