NUF 1.77% $4.61 nufarm limited

From a technical perspective and with the backdrop of...

  1. 572 Posts.
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    From a technical perspective and with the backdrop of fundamentals significantly improving I think its just a matter of when we see a breakout. NUF has been in a flat consolidation trading pattern since late June 2020 and that augers well for a big share price increase once the move upwards begins. The longer the consolidation the more powerful the move up. I also notice it is not closely followed by Retail investors so there is also upside when NUF does start to shine and receives media and institutional attention.
 
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
NUF (ASX) Chart
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