NDO 3.13% 85.3¢ nido education limited

Good to see a 4.3c finish...But not sure exactly how genuine it...

  1. 15,276 Posts.
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    Good to see a 4.3c finish...

    But not sure exactly how genuine it was?

    Regardless, I'll be hoping for a higher open tomorrow...though I suspect it might depend on overnight oil and the early morning action in some of the current "hot" oilers.

    If on the other hand, we don't get a higher open, we might have to put up with yet another non-eventful day like today...perhaps with another test of the 4c level, followed by an afternoon bounce back to. or above the 4.3c level.

    If so, this would give me a double reversal signal...which from my experience, has proven to be very reliable.

    I noticed a couple of 1m sell orders appeared towards the close, obviously trying to drive the price down...but why?

    Maybe they were just trying to shake the last of the "traders" out of the stock?

    I guess time will tell.

    Cheers!
 
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