NEN 0.00% 22.0¢ neon capital ltd

christmas rally ?!

  1. 409 Posts.
    I don't want to go against the strong factual foundations of posts on here but from a macro perspective;


    Ken answered my prayers in regards to strong news flow, great to hear the potential of Paloma unfolding. Stapleman you had a good point !


    From the announcements of the ECB and the market confidence also unfolding, nen may benefit from a nice Santa rally.


    It will be interesting to see how the SP runs into December and the new year as investors on the sideline may rush in well before Vietnam heats up.

    Technically reaching and holding the old support level of 46/47 cents would be great to position the SP to fly into next year.

    Those on the sidelines may have to jump in well before the run in to Vietnam and brokers may have to be quick to reanalyses Paloma's weighting.

 
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