NAE 33.3% 0.4¢ new age exploration limited

NAE Chart, page-7

  1. 9,997 Posts.
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    NAE- Daily Chart and activity,

    Since the Cr has been released to the market the scabs/flippers have so far sold for highest 2.5c but avg 2.2c so yup well done 10% gains average.Makes you wonder why they bother the market is so hot and 10%-30% gains daily atm are just easy... In saying this the price action is showing the bigger players are hustling out these weeds and the gap magnet is sucking them out.. So NAE has traded 74m roughly last week now with 69.2m Cr shares floating about you would think 50% would of gone to strong hands while the other just traders flipping and they will flip for a loss no doubt so would expect them to get bored and fill the gap...

    I have a nice holding and will happily be waiting just below for these flippers to take there loss...
    NAE trades.PNG

    Broker data shows flippers just remeber data 3 day lag so this is only first day the 28th.....
    What does make me laugh that pattos were the major sellers under 1.6c and now they have paid 2.5c are they seeing something positive.. Looking foward to see the rest of last week ...
    NAE data.PNG

    NAE dialy,

    Just shows low volume push down with gap area at 1.8c lurking and also seeing the LT bounce area off the 50Ma(purple line) will be a nice area for some action... Wont be a fast bounce as where better off taking care of the flippers and drawing them out to sell.. This will provide a better platform for a larger move up and more substained.. Too fast is just traders pumping to exit...
    NAE22.PNG

    2017 should be a good yeh even expecting a move from the 11th of Dec..

    TS
    Last edited by tradesurfer: 03/12/16
 
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Last
0.4¢
Change
0.001(33.3%)
Mkt cap ! $7.176M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $21.7K 5.425M

Buyers (Bids)

No. Vol. Price($)
33 22034260 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 4413039 6
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
0.4¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
0.4¢ 0.4¢ 0.4¢ 337000
Last updated 10.49am 02/05/2024 ?
NAE (ASX) Chart
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