NEN 0.00% 22.0¢ neon capital ltd

trading & chart review 4 july 2013, page-3

  1. 1,502 Posts.
    lightbulb Created with Sketch. 25
    Continued persistent selling pressure at 24-24.5c in otherwise bullish global/ASX markets. And lack of buying interest at 25c. Looks like it's setting up for a drawn out wait ~<25c until further news surfaces.

    This must ease off eventually as the buyers taking up these shares will want to hold to take some profits at a higher price.
 
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