Hi holders, as per request here is the NEU broker data showing participants from 6/1/25- 14/1/25 during the chop period. Data reveals numerous pros/instos net long. This may have changed as we don't have the last 3 days of data yet. There are also some sells from pros however the chart is looking good imo. in a few days I will be able to find out who sold down and who bought on that steep red day 15/1/25 also if you require assistance with broker data or chart work for a certain stock you hold I'm happy to assist. If you follow me it'll allow you to '@' me on the securities page where I am happy to post there for you. Good luck to holders.
Price has retraced all the way to the long term TL tagging support and bouncing leaving behind $11 for strong support. NEU has a resistance at 12.50 for first resistance followed by $13.50 for second supply level major supply level at 19.00. There is around 5-6 million open short interest on NEU. If buyers can keep absorbing the supply here it could create a short squeeze forcing buyers to cover and ultimately causing price to reach the mentioned supply zones $12.50-$13.50 and $19.00.
NEU Price at posting:
$12.28 Sentiment: Hold Disclosure: Not Held
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