Analysing the NDO chart we can make the following conclusions:
- SP is in a strong downtrend lane started in the middle of May 2008
- Recent low of 22.5c confirmed a very strong support level created in August 2007, confirmed in January-February 2008, so this point can be considered as a triple bottom point
- Usually there is a strong resistance for the SP to move up, as it happens with relatively large volumes on the following dates 14/08/08 (15.3mln), 29/08/08 and 1/09/08(~6mln), 12/09/08(10mln) and 17/09/08 (11.5mln), however the stock moves down on relatively small volumes of 3mln-6mln for the past couple of months
- At this stage the 29c-32c area is a very strong resistance area, after clearing there is no resistance up to 40c.
Holding/accumulating the stock for a year, I hope that the next year will be more exciting for me and all NDO patient believers/investors
- Forums
- ASX - By Stock
- some technicals on the ndo chart
Analysing the NDO chart we can make the following conclusions:-...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
|
|||||
Last
88.5¢ |
Change
0.035(4.12%) |
Mkt cap ! $201.8M |
Open | High | Low | Value | Volume |
85.5¢ | 88.5¢ | 83.0¢ | $23.49K | 28.07K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 88.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
89.0¢ | 2579 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 0.880 |
1 | 1139 | 0.860 |
1 | 4990 | 0.840 |
2 | 37497 | 0.830 |
1 | 12269 | 0.815 |
Price($) | Vol. | No. |
---|---|---|
0.890 | 2579 | 1 |
0.970 | 10000 | 1 |
0.990 | 5000 | 1 |
1.090 | 50000 | 1 |
0.000 | 0 | 0 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online