It's Christmas Eve eve, lots of people already gone on holidays. Short of an announcement with great news, I wouldn't be expecting too much movement in NEN this week. Even then the response may be somewhat more muted than expected until everyone is back on deck.
It's had a pretty good run up over the past week. That will be enough for some short-term traders. Personally I'm not bothered by any minor pullback from here. I didn't blink when it sank back to 25c or so recently and I'm not about to blink now.
NEN Price at posting:
42.2¢ Sentiment: LT Buy Disclosure: Held
