CnP from above,Trend: BullishPrice is now: Above the 200 EMA,...

CnP from above,
Trend: BullishPrice is now: Above the 200 EMA, indicating trend has flipped to long-term bullish.Holding above the 50 EMA and 8 EMA, showing strong short-term and medium-term structure.Consolidation has formed in a tight range between ~$13.80 and $14.20.RSI remains stable around 60–70 — no divergence, still bullish momentum.Volume is tapering, which is normal for a base before a breakout.️
Recent Candles (June 2025):Mostly small-bodied candles with long tails → suggests indecision but buying pressure on dips.No heavy distribution seen — supply is being absorbed
InterpretationThe last 4–6 weeks resemble a bullish continuation pattern (tight range above key MAs).The breakout zone is clearly $14.20.Every dip to the $13.60–13.80 range is getting bought up — this shows strong hands accumulating.

htae39, very interesting. AI mostly correct IMO. Was going to post tomorrow night, to see where the week closes.
Todays trade was very interesting, and as AI states, the sell volume got bought up very well. The volumes are 'normal', however as @LittleT stated today, if you remove the 'bot' buying there is not a lot of retail buying this. Not sure if @kens can breakout the bot and retail (maybe trades between 150-1000 being retail), the rest is bot or maybe sophs.

A few of the statements are in most post above.
1. Yes the downtrend was broken (2May), then backtested, then climbed using the steps (very good for SP gain and hold). But now the sideways consolidation is getting tight. Blue line on chart.
2. I mentioned that 14.20 was a slight resistence, well this turns out to be strong resistance. Going to take an Ann to punch thru??
3. RSI is holding nicely at the moment around the 60-70.
4. I am concerned about the MACD, slight turn down?
5. Personally I am a little concerned about volume, yes it is a base before breakout, but which way? And with no Ann and EOFY tax selling.....?
6. Not mentioned above, but also the markets are all due for a pull back after this long hard run. AIMO. Will NEU get caught up in a pull back, being BIO and not AG, AU, U, PD, etc. This is were money is going at the moment, which is normally the last to run before a correction. Just a thought.

This weeks chart so far,
Candles still holding just inside the band of 8ema and 20sma, which is great, and the tail today was strongly bought up.
BBs are technically slightly opening, but maybe due to days tail, but given the tight range I thought that the BBs would be tighter (given the algo). One to watch.
SP is still holding above the MA's!

Sit on ones hands IMO, until the SP breaks either way.
All the best.