NMR - Parabolic SAR is now signalling a stop to the downward trend as at close of trade 20/2/12. The last signal was 28/12/11 where the sp continued upwards to a high of 6.1. It took the sp 19 trading days to reach the high on 24/1/12. The sp has been in a downward trend for 18 trading days. Since 24/11/11 the sp has sent out a reliable trading pattern; so this upward trend IMO should take the sp back to high 5's - low 6's over the next 15 to 21 trading days. If positive Anns and a strong market sentiment take place over this period; the sp could possibly break the 6.1 level. All IMO - DYOR.
NMR Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held