NHR seems to have broken resistance - downwards. Not a good sign for this co. I have been sitting waiting for the resistance at 1.70 to be tested. Not confirmed yet but not too worried. My father has some shares in this co. so I keep an eye on it purely for interest. He still has faith in it long term. Short term we both agree there may be some further buying opportunity.
Both NHR & BOL have disappointed the market operating in similar market conditions.
A hold for optimists at best.
NHR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
