Healthy pull back which was expected as trapped LT holders would also like to seek exit door.
However, I am interested to see close over 24c (200 daily EMA) or 28c (200 Weekly EMA). I would be more than happy even if they like to raise some cash down the track...
My MT-LT scan alert also picked this up with price target of 55-63c while breaking out of Bullish Continuation Wedge & I am sure we will get there in coming months....
If I could hold and buy at 16-18c after first parcel at 22-24c; surely I am able to hold at 28c
cheers
J
NTI Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
