If it closes below, it goes to the last protection fund at 8.95 approximately.
If closing below 8.95 drops further, until approximately to 8.82 ...
At the moment it is indicating closing above the first bottom at 9.06.
NUF’s stock is now floating at around -43% below its actual worth of $15.8, at the market price of AU$8.95, according to my discounted cash flow model. This difference in price and value gives us a chance to buy low.
NUF is also a financially robust company, as current assets can cover liabilities in the near term and over the long run. The stock’s debt-to-equity...
1-To get to the Fibo, it would still need to fall another week.
2- But the recovery in the week was 3.24% + or -, as
see the figure. This indicated force and volume.
3- There is a good "distance" to the average in orange, this
indicates that there may be an return to the average on this week,
but, everything depends on the monday candle.
Begin the week...