TA 101 focuses on historical, repeating price patterns/trends
The above chart is the LINEAR REGRESSION CHANNEL from 12/2000 to 08/2012.....creating a RANGE of 56c.
Keeping in mind the closing price is the one that matters........the ATH of $4.23c., and the (covid 19) low of 87c. were multiples of same....which is reflected in the chart below.
On the watchlist for a (potential) entry around $1.71c.
Just my take .
Cheers.
NEA Price at posting:
$1.83 Sentiment: None Disclosure: Not Held
