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NEA nearmap ltd

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Time for a healthy pullback, page-85

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austted

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13/11/18

10:42

Post #: 36482096
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Originally posted by Capital Raising: ↑

We are starting to form a mini head and shoulders pattern here. Wouldn't be suprised if this drifts down over next few months to close the breakout gap at $1.20. I certainly hope it does that will be my re-entry to the stock. Also would be a healthy correction to keep the long term uptrend going.

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What's happening to the SP at the moment is why I have trouble with this chart stuff. AFAIK, the drop today is driven by NASDAQ weakness which in turn is related to Apple issues which have absolutely nothing to do with NEA.

NEA Price at posting: $1.47 Sentiment: Buy Disclosure: Held
4 Upvote

2 Great analysis

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Time for a healthy pullback, page-85

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