NEA 0.00% $2.10 nearmap ltd

No worries, and thanks for your kind comments.If one looks at...

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    No worries, and thanks for your kind comments.

    If one looks at the pullback % & duration patterns, it is easy to see that both are being reduced with time.

    36.95% -> 17.14% -> 13.73% -> 10% ?
    50 Days -> 5 Days -> 3 Days -> 2 Days ?

    Just a quick glance at these numbers would suggest perhaps next week we might only see a 10% pullback with a 2 days duration.

    If true, this might give us a support level around $2.76 on Monday (or Tuesday) next week then consolidate around these levels then possibly move up to challenge the old high at $3.07 before the next update hits the market in early to mid April.

    Anyway, of course this is all just a logical guess but having held this stock for so long, one thing is certain, continuous patience and loyalty will surely be rewarded in the long term.
 
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