Agree on all points regarding NUH. Sales data needed but technically, I think it's bottomed out. Long term support and triple bottom at 6.1c was touched today which has flipped the dynamic. Buyers lining up at 6.1c and sellers have lost a great deal of enthusiasm with very few willing to sell into the bid. To my mind a lot of the selling was wash trading with this low 6 mark targeted as the re-entry.
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 4 Sept
Short Term Trading Week Starting: 4 Sept, page-248
-
-
- There are more pages in this discussion • 69 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)