Gees I love accurate TA.
I get critiqued a lot for relying on Bollinger Bands for my trading systems but honestly they are the simplest way of identifying entries and exits.
Many would have heard me say that when trading a worthy stock ( I highly regard NEU and I believe the market does too) to always buy a candle too far outside of the lower bollie. That flush down on the 15th Jan displays it beautifully as the next day it closed abobe the bollie median and then gapped open on the 17th.
From there it's traded in that beautifull channel between the 8ema (yellow) and the upper bollie band. MACD supports this move as well. Just beautiful.
Your all important weekly displays a bullish move. While candles close the week out above the white median level then the SP is always going up.
Not telling you your short/hedge positions. Enjoy Australia Day.
Cheers
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Last
$14.20 |
Change
0.890(6.69%) |
Mkt cap ! $1.761B | |||
| Open | High | Low | Value | Volume |
| $13.50 | $14.26 | $12.96 | $9.111M | 655.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $14.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.23 | 3278 | 1 |
View Market Depth
| Last trade - 16.15pm 27/06/2025 (20 minute delay) ? |
| NEU (ASX) Chart |