NEU 15.1% $16.57 neuren pharmaceuticals limited

This Chart isn't pretty. NEU falling 44% from the highs at the...

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    This Chart isn't pretty. NEU falling 44% from the highs at the end of last year and in free fall from mid July! Price action has been abysmal. No buying conviction and what was building as tentative support at around $15 has been trashed today with 7% nose dive! Previous support at approx $14.69 has been broken. NEU is in No Mans Land with the next support at about $10. Kinda back to the future if it ends up there! There is a great saying in the stock market. "You can't catch a falling knife"! And Neu appears to be just that! Even positive news can't turn things around re the recent Angleman results and the recent half yearly! My confirmation bias is wearing thin. "The prices are being manipulated" "A take over is just around the corner" I think its gonna be a long grind from here over the next few years. I hope I'm proven wrong! Hopefully a positive result in the September meeting with FDA for Pheland McDermid might garner some upwards price action!
 
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Last
$16.57
Change
2.170(15.1%)
Mkt cap ! $2.117B
Open High Low Value Volume
$14.85 $16.67 $14.60 $24.77M 1.544M

Buyers (Bids)

No. Vol. Price($)
1 1500 $16.52
 

Sellers (Offers)

Price($) Vol. No.
$16.57 1717 1
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
NEU (ASX) Chart
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