NEU 1.99% $13.79 neuren pharmaceuticals limited

large buyer wiping lines, page-7

  1. 10,009 Posts.
    It is really simple. The traders stick BUYs on lower support, and sells on resistance. then go and play golf. they dont care which gets hit. they know the trading range. 99% of time, like the old PUB PONG game the trading hits the floor or ceiling. So sometimes the sells or buys are bigger lumps.

    Then news increaes volume, traders move in and ramp the stuffing out of it.

    Count the red hearts posting what agreat stock this is, the only one they hold long term, runs for a few weeks, then over 2 daystheir posts stop.Like seagulls after the chips ate the beach they are gone.

    Genuine moves come from news and instos and funds.

    At some stage this will blast through resistance and form new trading pattern,Buys and Sells place at floor and ceiling, and we go through it all again.

    Its great that HC gives out red hearts, it makes it really easy for anybody not color blind to tell when they are about to be played like an old stratavarious.

    However the alternitive is read some of the really excellant researched posts about the company, make a decision and wait patiently for tye coy to match Bells 12-20 cent valuation. Which it will at some point in time.

    At that point you will be up 500% with a year or two. Great returns and relatively safe.

    Another point to remember when you see big volumes when traders are working .004 margins they need big volume to make a quid. 100k of shares wont cut it. They need to trade at leats 500k but more likely a few million.

 
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Last
$13.79
Change
-0.280(1.99%)
Mkt cap ! $1.762B
Open High Low Value Volume
$13.73 $13.88 $13.40 $9.796M 714.7K

Buyers (Bids)

No. Vol. Price($)
1 1588 $13.78
 

Sellers (Offers)

Price($) Vol. No.
$13.84 1625 2
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
NEU (ASX) Chart
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