NEA has made a lower high and a lower low on the daily chart just now (the weekly was already in the same downward position). Not time to panic as a break below $2.43 with say a spike down to the $2.20 area would be a strong signal to me to get the cheque book out - if it then started making higher highs and lows on the daily (but ideally the weekly). While someone posted it won't break lower - every cloud has a silver lining. While Jamiee disagrees, I still feel this is probably an accumulation (rather than distribution) pattern - ie should move up when it breaks out of this sideways action. Good luck to holders.
