NEN 0.00% 22.0¢ neon capital ltd

devil's advocate, page-63

  1. 689 Posts.
    Hi Gustie,

    "the stock is very much dead for a week or more and looking like testing this weeks lower boundaries - 25c i'd say is on the cards within a few days or less"

    Happy for the SP to consolidate here, but don't agree we may see 25c. Lower trend has held firm for 10 months & is well defined. An unfavourable b120 result didn't break it, so I don't believe anything will, pre b105 results. Strong support came in at 26.5c. Note the tail on this weeks candle. Volume has settled. Sell side has thinned. Traders have made their 15-20%. Pressure is off.

    Now we wait.




 
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