Morning Wasa, trust you're well over there.
NEU continues in a lovely uptrend. Re no announcement, you will notice on this daily chart that there is a spike in SP a few days after a decent announcement. (the red dots are announcements). Kind of a delayed reaction. I certainly can't explain that as I've never seen it as blatant as that but pretty cool in a way as it allows us retail mugs to buy a few upon announcement with a high probability of a spike in coming days. (with caution to the substance of the announcement).
Scanning out a bit longer term on a weekly chart you can see that the SP has risen to headbutt into a zone of resistance, it was surprisingly low volume therefore I would expect getting through it too difficult.
Chart really is quite bullish Wasa, I don't think I can add too much more at this stage.
Cheers.
click on charts to enlarge
NEU chart, page-25
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Last
$20.72 |
Change
-0.240(1.15%) |
Mkt cap ! $2.645B | |||
| Open | High | Low | Value | Volume |
| $21.00 | $21.21 | $20.31 | $15.80M | 766.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $20.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.72 | 3108 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$20.75 |
Change
-0.240 ( 1.47 %) |
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| Open | High | Low | Volume | ||
| $20.97 | $21.15 | $20.32 | 199599 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| NEU (ASX) Chart |