3 years ago

NUF Update from April

Comments from the 23 / 04 / 2015

NUF New farm
This stock has been in a consolidation phase since March 15.
The primary trend is UP.
Clear short term price  resistance at $6.70 is being broken today.
FP Markets have conducted Rule based trading workshops recently.
This indicator set is one of the trade set ups. RSI over “50″ and confirmed with  CCI over “O”
Stops at $6.50

1/07 /2015
NUF, after a short rally from the entry at $6.84 the stock went into a consolidation phase, with the recent market weakness the price has found support at $7.15.
With todays strong move a continued move back to $8.00 would be expected.