Seems abit quiet here in the TA thread.
Chart's looking bullish on a few observations and initiated a long position on 1st May:
1) Complex inverse head and shoulder formed during period of Oct 18 gap down to late Apr 19
2) Breakout of neckline on May 1st @ 1.80
3) Retested neckline @1.80 in the following next week upon breakout
4) High of gap-down broken @1.935 - Price will likely attempt to close the gap created last year
5) Price already above 200 MA, with 50MA and 100MA already trending upwards
Target - $2.20-2.23 area (height of inverse head to neckline), which also coincides with neckline of previous top head and shoulders formed in 2018.
Critiques welcomed. Good luck shorts/longs!
- Forums
- ASX - By Stock
- NEC
- NEC Chart
NEC Chart, page-17
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEC (ASX) to my watchlist
|
|||||
Last
$1.39 |
Change
0.005(0.36%) |
Mkt cap ! $2.196B |
Open | High | Low | Value | Volume |
$1.38 | $1.40 | $1.38 | $4.444M | 3.204M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 46849 | $1.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 10977 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 83000 | 1.380 |
3 | 30281 | 1.375 |
1 | 9322 | 1.370 |
4 | 40322 | 1.365 |
5 | 20071 | 1.360 |
Price($) | Vol. | No. |
---|---|---|
1.400 | 51739 | 13 |
1.405 | 12765 | 2 |
1.410 | 34245 | 4 |
1.415 | 9565 | 1 |
1.420 | 85929 | 6 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
NEC (ASX) Chart |