NUF – Nufarm Limited

Stock : NUF – Nufarm Limited

Current Price : 9.715

Previous Buy Entry Trigger Level : 9.70

New Sell Exit Zone : 9.45

Status : On watch for continuation higher

NUF has held a higher low after contraction and is looking great. We are now watching for continuation up through 10.00 and have tightened the risk level up to 9.45. The long term weekly price structure is very supportive of an extended move up so we will sit back and watch the 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.