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$13.18 neuren pharmaceuticals limited

If you pick the bottom you get smelly fingers

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Jpow

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06/09/24

13:38

Post #: 75560992
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Originally posted by GmundStables: ↑

Anyone want to try and pick the bottom in SP?! Or for a possible ST trade?
Chart candles displaying that this recent sell off is done, with the bulls pulling the SP back up for 3 days now. 2 tails on the candles is bullish, but NEU has 3, even better.
RSI is oversold at 21 and MACD thumbing along.
Not saying that ther won't be another sell off due Bio sector or macro events, so still pay attention as the 8ema has not turned up just (ie candles below the 8 not good). BB are starting to narrow. For my this a ST hold/trade at the moment.
Weekly the SP is just touching the RSI at 30, oversold too. But MACD not finish yet.
Short term target on the daily, median at 15.20 then upper BB at 16.70. On the weekly it should bounce to the 8ema at 16.50.
AIMO, maybe wrong, just looking for the bottom ST SP.

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If you pick the bottom you get smelly fingers

NEU Price at posting: $13.77 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $13.18		Change -0.430(3.16%)		Mkt cap ! $1.684B

Open	High	Low	Value	Volume
$13.64	$13.67	$13.18	$8.868M	666.8K

Buyers (Bids)

No.	Vol.	Price($)
4	5233	$13.18

Sellers (Offers)

Price($)	Vol.	No.
$13.24	1000	1

View Market Depth

No.	Vol.	Price($)
4	5233	13.180
1	2135	13.170
2	1561	13.160
1	2135	13.150
3	2356	13.130

Price($)	Vol.	No.
13.240	1000	1
13.290	3819	3
13.300	2000	1
13.310	2135	1
13.340	2135	1

Last trade - 16.10pm 09/10/2024 (20 minute delay)

NEU (ASX) Chart

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