NHF:ASXNeat trade on NHF:ASX which I placed late this afteroon. Good Risk reward and a number of factors providing confluence for a move to circa $7.50
NHF trade ideas
NHF Long after it broke out after consolidationEntry: 6.46
Stop loss: 6.18
Went long in the counter after it broke out after consolidating for a while.
Would have preferred a higher volume to go with the break out to lend conviction.
NHF short H&Sbreak of neckline for H&S top
price action below all three moving averages
initial target 3.91
final target 3.16
NIB Health Insurance $NHFNIB $NHF
$NHF is painting a bearish flag right now. We might see lower prices.
I see correction to $5.25 or even $5.00 if $5.25 does not hold.
NHF / ASX - Daily Price is currently at median line and support NHF / ASX - Daily Price is currently at median line and support and positive divergence is forming, if the support breaks might provides a short opportunity and we may see $5.65 is next stop.
