3 MONTH TREND Nylex Limited lays in the lower part of a very...

3 MONTH TREND
Nylex Limited lays in the lower part of a very wide and strong rising trend on short term, and this will normally pose a very good buying opportunity. A break down the bottom trendline at AUD 1.17 will in first place indicate a slower raising rate, but may as well be a early warning for a trend shift. Given the current short term trend the stock is expected to rise 204.0% during the next 3 months and with 90% probability hold a price between AUD 3.56 and AUD 10.55 at the end of this period.