NEU 15.1% $16.57 neuren pharmaceuticals limited

75379580A few sessions later and here's what you've got.I still...

  1. 14,655 Posts.
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    75379580

    A few sessions later and here's what you've got.

    I still very much like the set-up but could be critiqued for the SP not continuing to round up. And here's why.

    Yes the SP has moved into a sideways dance, but the engine room behind it is still grinding away with a positive cross of MACD and a squeeze incoming on the bollie bands. This indicates that a change of trend is incoming. Now sorry, we can never confirm in which direction it will go until it occurs (yeah I know, useless right?) but in my experience MACD has been a great tour guide for potential direction and when that has just crossed positive well then................

    Cheers.

    https://hotcopper.com.au/data/attachments/6423/6423466-043b1b35df6c745e4d719823606b5fbc.jpg

    2.5% Shorts / Hedges.

    https://hotcopper.com.au/data/attachments/6423/6423473-ae55a78094cc1df9caa4c1c88037ada2.jpg
 
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