Should close up today based on yesterday's candle - 31.5c would be good. Lacking any ann, NEN's sp still needs to put in a high today ~32c and close back at ~31.5c to be more convincing for continued upward movement.
The ASX, while down today, is indicating it also wants to move up - once again it's the candle/wick yesterday/today that gives it's intentions away. Failing a strong break down in the S&P500 tomorrow I'm expecting our ASX to move back up on Monday.
NEN Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
