try drawing a different random line, I'm 99% confident you'll get a different result. Try drawing a line with a similar slope to the arrow line you've drawn on your chart. It looks like it'll go through the higher lows on the bottom side of the price chart. What's your price target then? This is the precise science of charting.
NEU chart, page-1232
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Last
$20.62 |
Change
-0.240(1.15%) |
Mkt cap ! $2.635B | |||
| Open | High | Low | Value | Volume |
| $20.45 | $20.62 | $20.26 | $4.698M | 229.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $20.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.62 | 1553 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| NEU (ASX) Chart |