NEN 0.00% 22.0¢ neon capital ltd

Rizzla,My analysis is not that scientific. We had a significant...

  1. 971 Posts.
    Rizzla,

    My analysis is not that scientific. We had a significant selling into 26 cents to the tune of 20+ million shares. This has held the price back. Had this seller not been there we would be well in the the 30's and getting to the business end of 40cents. I do not believe the sophisticated investores will bale in the 30's, otherwise they would be that sophisticated in my book.

    I don't know how thjat stacks up against your consolidating triangles, but this is how I see it.

    Charting is useful as a tool but personally I don't live or die by it. Nevetheless they do show up trends.
 
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