NUF – Nufarm Limited

Stock : NUF – Nufarm Limited

Current Price : 10.24

Previous Buy Entry Trigger Level : 9.70

New Sell Exit Zone Remaining : 9.70

Status : On watch for continuation

NUF has had a strong move higher so we have taken the opportunity to lock in some gains at 10.20. We have also locked in at breakeven for the remaining and will sit back and watch to see if NUF can kick on from here. We see that price is extended but still looking for a move above 10.50 before potential corrective price action.

 

 

ORIGINAL ALERT 10/4/17

Stock : NUF – Nufarm Limited

Current Price : 9.615

Buy Entry Trigger Level : 9.70 (limit up to 9.75)

Potential Sell Exit Zone : 9.40

Status : On watch for buy entry trigger

NUF has great price structure ready to accelerate higher towards major resistance at 11.00/12.00. We are now watching for confirmation of a minor higher low on a push up through 9.70. This would signal a major higher low around 9.25 after rejection as buyers step up to the plate. Risk will be held at 9.40.