Can National Holdings Corporation (NHLD)’s Tomorrow be Different? The Stock Formed a Double Bottom Chart Pattern

January 10, 2018 - By Marie Mckinney

The chart of National Holdings Corporation (NHLD) shows a double bottom with $2.97 target or 7.00 % below today’s $3.19 share price. The 5 months chart pattern indicates high risk for the $39.64 million company. It was reported on Jan, 10 by Finviz.com. If the $2.97 price target is reached, the company will be worth $2.78 million less. Double bottoms are rare but powerful chart patterns.

The stock decreased 0.71% or $0.02 during the last trading session, reaching $3.19. About 10,824 shares traded. National Holdings Corporation (NASDAQ:NHLD) has declined 7.85% since January 10, 2017 and is downtrending. It has underperformed by 24.55% the S&P500.

More news for National Holdings Corporation (NASDAQ:NHLD) were recently published by: Prnewswire.com, which released: “National Bank Holdings Corporation Announces Date for 2017 Fourth Quarter …” on January 08, 2018. Globenewswire.com‘s article titled: “National Holdings Corporation Reports Financial Results for the 2017 Fiscal Year” and published on December 22, 2017 is yet another important article.

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