Still cautious on NST as always. Its a premium company and a safe hold in my book, if you are not in trading it.At the moment..here is one analysis..
The 50 day moving average indicates a medium term trading range with a bullish upside inclination. The 20 day moving average, although still maintaining a bullish bias, is also trading in a range. Objectively, as long as NST.AX is trading below its 200 SMA, rallies will be sold into. The long term downtrend may accelerate downwards unless NST.AX rallies above the 200 SMA convincingly. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "NST.AX".