Haven't posted for a whiile, it has just been a nice climb in SP (using the steps, until recently). NEU is a critical point, almost a doji today. Likes, a potential bull flag?, or at least tight consolidation into a arrow head. There is room for one more doji tomorrow, but it is now poised for a breakout but which way? Negatives, I don't like the way that the MACD looks, potential cross down. Volume has dropped. RSI, providing no giudance, but above 50 and has head room. Positives, a bull flag, and if you work on TA Odds, or probabilities, it's 80% up. Candles remaining above the 8, and the 8 is above the 20. Big tick, go with it. Can't think of any news to help us along just yet. Markets are due a pause too. (IMO). So we wait and see what happen withthe PA in the next few days. Cheers, AIMO of course. PS, if it does break upwards, target is the flag pole length, $4, so SP $17.
NEU Price at posting:
$12.92 Sentiment: Buy Disclosure: Held
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