NOR 2.04% 4.8¢ norwood systems limited

NOR charts thread, page-36

  1. 3,137 Posts.
    lightbulb Created with Sketch. 383
    If his stock goes below 5c I will happily soak up some of it...

    I am just dumbfounded that people on this thread are considering that the TA will determine the direction of trading!? That works for a mining stock that just ann'd a good hole...but this is not that! IMO there is momentum in the fundamentals, that is determining the direction of this stock.

    You don't have a situation where the annualised revenue has just grown 50% over something like 20 days and expect the stock to retrace 50%!? This is people falling back on what they know from past experience and simply applying an averaged performance to this stock. I think that's a BIG error and yes I could be wrong...but I'm taking that calculated low risk that the numbers are real and the growth factors will continue for some time yet.

    Each to there own of course but I am an investor so will see this through for the next year or so.
 
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Last
4.8¢
Change
-0.001(2.04%)
Mkt cap ! $22.72M
Open High Low Value Volume
4.9¢ 4.9¢ 4.6¢ $65.50K 1.386M

Buyers (Bids)

No. Vol. Price($)
1 306 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 220000 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
NOR (ASX) Chart
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