Potential Sell Alert

NUF – Nufarm Limited

NUF has fallen over as we expected but unfortunately did not give us an entry setup. We still see weakness in price although buyers may soon find the confidence to jump back in. The 8.00 whole number may provide some support as price has extended lower but we do see the potential for a further fall to around 7.25/7.50.

Stock Code : NUF – Nufarm Limited

Company Website : www.nufarm.com

Current Price : 8.08

Status : On watch for lower high and sell entry setup

PREVIOUS ALERT 25/9/17

NUF is showing weakness as the recent move up is a grind and potentially running out of steam. We are now watching for the sellers to take control and overwhelm the buyers for a new leg lower. Watching now to see a lower higher build that should be the start of the slide.

Stock Code : NUF – Nufarm Limited

Company Website : www.nufarm.com

Current Price : 9.06

Status : On watch for lower high and sell entry setup