Hey there Trademill.
Wow, things have certainly changed around here since my last post. Well done holders, so cool to see that.
When looking at the chart I first thought that the SP was in "blue sky" territory until I panned out to see that there is some higher history way back in the 2005-2009 period so I'll leave it up to you to determine how relative to current day circumstances you think it is but from a TA point of view it's relevant as it's firmly printed in SP history leaving plenty of data. Sorry if I'm just repeating what others have posted, haven't got time to reads the threads.
Here's a monthly chart to demonstrate.
Now back to a daily and a little more recent, I don't think I need to tell you that it's extremely bullish.
I'm not a fan of gaps so hate what's been left behind but I certainly wouldn't say they need to be filled as the main one from 1.77 is a breakaway gap and can stay there. The gap between 3.44 and 3.60 (circled) I would say will fill on any market fluctuations.
I find on a chart like this for long holders you only need a 50/200ema combination and while that red 50 is climbing away from the blue 200 it's extremely bullish so keep an eye on a slowing of that and even a reversal, could indicate a profit tacking time.
Don't think I can add to much more except enjoy the ride your having especially in these challenging market conditions.
Remember, there is a sell button when things begin reversing. Well done.
Cheers
NEU chart, page-17
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