NEU 2.33% $18.85 neuren pharmaceuticals limited

NEU has broken the neckline of a 27 week H&S Bottom with a...

  1. YLJ
    819 Posts.
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    https://hotcopper.com.au/data/attachments/2808/2808274-d43ac6f4a342263e81404bf9a8ff3ba9.jpg
    NEU has broken the neckline of a 27 week H&S Bottom with a minimum target of circa 1.785
    Subsequently retested and looks to be attempting continuation of the pattern.
    Breakout day was sufficiently above the recent average volume and seems to support the
    bounce as well.
    Note: I am long on the retest with a stop @ 1.275, but risk/reward metrics have changed on the
    rise today and hence my sentiment as HOLD. , but will not refrain from posting as that is subjective
    to one's trade criteria.
    Management seems to be quite upbeat about 2021
    GLTA

    Last edited by YLJ: 14/01/21
 
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$18.85
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$19.30 $19.52 $18.82 $5.080M 266.2K

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$18.91 265 1
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Last trade - 16.10pm 24/04/2024 (20 minute delay) ?
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$18.90
  Change
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