This is why I do not dare to sell my long term holdings in this stock. You end up getting caught short. My short term holdings about 15% of my total holdings I never got back in as I hoped to pick these up in the sub 90's. At least my remaining 85% holdings are in for the long haul. I think we quite clearly have a breakout here.
I first got into this stock at 26.5 cents which then had a relatively quick run up to 40 cents. A pull back followed by around 20% back to low 30's. Similar runs and pull backs occurred as follows
40c --> 60c PB to around 47 cents.
60c --> $1.00 PB to around 77 cents
So if we are experiencing a true breakout here in which I expect the company could be making some announcement soon as well I can see this run from
$1.00 ---> $1.50 with a PB to around $1.15 (20%PB)
The point is the last 3 or 4 rallys there seems to be an increase of around 50% from the old support/resistence level.
Also I notice each ralley has been occuring in around 4 month intervals with the last breakout from 60c to $1.00 occurring in early November around Melb cup day.
As we are getting to the end of Feb and into March where the expected resource upgrade is due the ralley from $1.00 to $1.50 could be well upderway now. Lets hope that is the case !!!!! Go NST !!! $1.08 as I sign off here
Pleas DYOR
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Last
$14.14 |
Change
-0.100(0.70%) |
Mkt cap ! $16.24B |
Open | High | Low | Value | Volume |
$14.21 | $14.28 | $14.03 | $54.99M | 3.886M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | $14.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.15 | 2106 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | 14.120 |
1 | 10000 | 14.100 |
1 | 8199 | 14.090 |
2 | 5837 | 14.070 |
3 | 7072 | 14.050 |
Price($) | Vol. | No. |
---|---|---|
14.150 | 2106 | 1 |
14.160 | 11050 | 1 |
14.170 | 49064 | 3 |
14.180 | 18657 | 2 |
14.190 | 11207 | 3 |
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