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Re: [sharechat] Nufarm to reach 4.30 this week


From: "nick" <acummin@es.co.nz>
Date: Wed, 29 Mar 2000 06:05:12 +1200


        Nufarm has a history of volatile share price
and has seen rapid rises before like in 1998
 
      jan 1998 price 3.90  may 1998 price 5.50
 
        It wouldnt suprise me to see this happen again, in fact i
would be suprised if it dosent happen.  Judging by its strong performance
this week in a weak market i can see the stock reaching 5.50 by july-sept.
      There will be resistance around the 4.30 mark as profits are taken
by those who bought in cheaply.  There should still be plenty of buyers around
to soon send the stock past that price.
       nick
 
      

References

 
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