NUH 0.00% 8.1¢ nuheara limited

NUH - Technical Analysis 2020

  1. 1,875 Posts.
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    I'm starting a new Technical Analysis for NUH as a long term investor of this stock. The stock has crossed key moving averages such as 200MA and it's time go long. There's quiet bit force behind the stock and the stock is under accumulation with strong buy signals. Whilst RSI is overextended, it can be for a while. Below are they key support line and resistance lines. A break of 4.1c will do wonders for the stock. I see further price action due to heavy buying coming in. I suggest to go long on the stock. Something could be brewing.

    Daily Chart
    https://hotcopper.com.au/data/attachments/2304/2304590-f373a22cfd344f3ff5a8e4328283aaef.jpg
    Best volume since Feb 2018 and building up


    https://hotcopper.com.au/data/attachments/2304/2304600-309038dae4c1617f2aefd3fe96c383b6.jpg

    Hourly Chart

    https://hotcopper.com.au/data/attachments/2304/2304613-a9631f65ac0c7f8f5512d4bdf24a1960.jpg

 
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