One can only hope a new trend is about to take place, with 3c showing solid support the only trend change likely is up.
Bollinger Bands
NUP.AX has closed above the upper band by 2.6%. Although price has broken the upper band and a upside breakout is possible; the most likely direction for NUP.AX is to continue within current trading range. It is unclear right now based on current numbers. 55.7% narrower than normal. The narrow width of the bands suggests low volatility as compared to NUP.AX's normal range. The bands have been in this narrow range for 23 bars. This is a sign that the market may be about to initiate a new trend.
NUP Price at posting:
3.3¢ Sentiment: LT Buy Disclosure: Held
