Gees sorry Wasa, how did I miss this? You of all people!
A problem is that with spikes like that it goes too far in such a small time frame and you can see what has happened the last three times the SP has printed candles completely outside of bollie bands.
Unfortunately of fortunately depending on whether you trade or not but this sort of radical stock movements is part and parcel of an ASX200 stock. You now have strong Insto's impacting the SP momentums in either directions and the stock is now entrenched in market movements sometimes more so than company movements.
All that said, the overall trend is still up but there are going to be strong movements along the way.
Cheers.
NEU chart, page-1772
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Last
$15.60 |
Change
-0.340(2.13%) |
Mkt cap ! $1.993B | |||
| Open | High | Low | Value | Volume |
| $16.25 | $16.32 | $15.55 | $9.440M | 595.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3197 | $15.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.68 | 1852 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |