The above chart was posted on 20/08........and the games continue!
TA 101......identifying repeating price patterns/trends.
The NEU share price action continues to seek out, and test, TERTIARY support/resistance levels .....$16.08c., $15.08c.,$14.08c......and their related mid points......$15.58c., $14.58c., $13.58c.(?)
Below is a 1 MINUTE chart.
The bigger WEEKLY, PRIMARY up trend lr chart.
Although not an avid Mr. Fibonacci fan, it never ceases to amaze how often (usually in hindsight) these particular price patterns do become self-fulfilling.
FWIW...... 38.2% is @ ~$16.08c........50% is @ ~ $13.08c......and 61.8% is @ ~ $10.08c.
Cheers....and keeping in mind, FUNDAMETAL analysis and TECHNICAL analysis are NOT mutually inclusive.
The above chart was posted on 20/08........and the games...
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 (20min delay)
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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 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |