NDO 0.00% 9.8¢ nido petroleum limited

game over - for now ?

  1. 10,543 Posts.
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    A quick check of the NDO chart is compulsory for me before getting involved in a company. NDO certainly seems worth a look but the chart shouts "NOT FOR NOW MATE."

    Solid Fib sets confirm the recent high at 20c has been a planned target for quite some time with the confirmation prived by the original resistance at 8.5c on the way up.

    For whatever reason it would seem that NDO is likely to go back and retest that 8.5c over the next 6 months.

    For those devotees holding on I hope as always that I'm wrong.

    For now I'll back my head rather than hope.

    Cheers,
 
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