slick, been doing a bit more study in NEU, Bio and the other stock. sharing my ramblings.
Whilst I do not like trendlines, I have highlighted below that the Bio sector has been in a uptrend, printing HH and HL, until recently, double tops.
The bio EFT is back on the support line so this week will be telling. Also of note is the angle of the RSI and MACD on the bio chart, not good. However this could turn just as quickly will the VIX. The US markets are toppy and looking for stabilisation, this too will have a an effect.
Obviously the roll on effect will be NEU and the other stock. Personally I am happy with a sml holding in NEU as this has much potential and due for a turn, certainly not for a day trader, but a view of 1w-2months should see the SP climb back to 16 ish, then 18. LT hugh potential, but thats crystal balling.
AIMO.
NEU chart, page-1890
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Last
$17.30 |
Change
0.760(4.59%) |
Mkt cap ! $2.211B | |||
| Open | High | Low | Value | Volume |
| $17.35 | $17.94 | $17.25 | $17.64M | 1.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2533 | $17.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.45 | 1254 | 1 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |