NUHRF trade ideas
LONG ONEJustin Miller has got 2.54 m as debt,it seems like they are using the debt properly so far,but until 20 jan 2021 they have time to reach 0.070,if they do that the next three movement will be like what I have drawn! This company has two crucial numbers which everyone has to keep an eye on them: 0.070 and 0.100!
Cup and Handle and possible gap fill #NUHCup and Handle formation, awaiting a break out if bulls can regain control.
Long term resistance at $0.043, if it can break through, next resistance level is at $0.055.
RSI showing a bullish bias holding multiple retests on the 50.
Target Buy Price: $0.045 - just above resistance
Target Sell Price: $0.055 or $0.063 if it can break that second resistance level
Stop Loss: $0.040 - Enough room to allow a retest and possible fake out of that long term resistance
Relatively new to this! so happy to hear criticism/feedback.
NUH.ASX Short to medium term price forecastShare price value has been falling for a while and still no sign or a signal of some sort of reversal to the upside. However, Share prices closed at a critical price point at 0.090 support in the last trading session.
There are Four critical price points that I would like to point out for future references.
1. 0.090 - Prices need to break and hold above this point before we could see any attempts to break 0.100 and 0.106 resistance.
2. 0.087 - Failure to hold above 0.090 could see prices fall to this point
3. 0.081 - Failure to hold above 0.087 could see prices fall to this price point
4. Failure to hold at 0.081 could possibly see prices fall to around 0.076,0.070,0.066
You can follow the live price update during trading hours to see how prices react to the support and resistance marked on the chart.
