NRW Holdings Limited

August 16, 2020 - 3 months ago
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Technical outlook – Technical analysis has many instruments for traders and investors looking for trade inspiration or wanting to reaffirm trade ideas and analysis.

The current market pattern has found support from the trendline, which emanates from a support base at $1.65-75.

After assessing the two leading indicators, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) pattern, at present is positive, which, therefore, suggests prices may continue in the short-term to the upside and look to the region of $2.00-20.

Company Overview – NRW Holdings Limited (NWH) is an Australian Company which provides diversified services to the resources, civil infrastructure, and urban development sectors. NRW has structured its business reporting into four segments, Civil, Mining, Drill & Blast and Mining Technologies.

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