Hello all I have been following this stock for a couple of years or so. I hope you do not mind my intrusion into the discussion.
I could list many fundamental reasons why I like NTU but I do not want to go over your points which have been excellent.
Quickly, excellent management working with confidence have not put a foot wrong and forward planning is superb. Market - everything NTU's way from China moving gradually to internal consumption, HREE mix, shortages and supply concerns.
Geology, new projects, upcoming off-take agreement, sale of gold assets, coming maiden JORC and etc all fantastic this is an interesting stock and market cap is attractive thanks to the long correction during a protracted risk off phase in global equities.
I want to leave you with an observation it is not a prediction. NTU looks as if the correction may soon be complete as per the chart below.
I circled the weekly RSI as they look very similar and we may be complete now. I also measured the three corrections over the past 5 years and they also look similar - almost on a harmonic. We are also now at the point of a small pennant - something has to give. Of course fundamentals will launch any new up-leg and the correction may extend - I say this to cover myself in case I am wrong.
It looks like it is time for both the fundamentals and technicals to align at last. Thank you for your posts and information I have enjoyed your discussion. I run a small fund and NTU is most certainly included (small weighting) even though I am gold based - so I consider this exceptional.
Regards,
CW
DYOR&DD
- Forums
- ASX - By Stock
- NTU
- weekly harmonics and ntu fundamentals align
weekly harmonics and ntu fundamentals align
-
-
- There are more pages in this discussion • 55 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 NTU (ASX) to my watchlist
|
|||||
Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $200.9M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.4¢ | $4.887K | 142.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1422387 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 39004 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1422387 | 0.034 |
7 | 1814961 | 0.033 |
13 | 1837940 | 0.032 |
8 | 1563700 | 0.031 |
22 | 2343401 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 13000 | 1 |
0.036 | 856566 | 4 |
0.037 | 501494 | 5 |
0.038 | 26316 | 1 |
0.040 | 97406 | 4 |
Last trade - 15.43pm 05/07/2024 (20 minute delay) ? |
Featured News
NTU (ASX) Chart |