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Let's say you're correct & it gets to 1.71 before any...

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TheFadz

6,368 Posts.

1035

12/11/21

20:39

Post #: 57542903
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Originally posted by Saragian: ↑

FA 101 focuses on a company's financials.

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.

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Let's say you're correct & it gets to 1.71 before any bounces..

If your first entry is at 1.71, what will be your next top up?
Or will you be going all in on 1.71?

NEA Price at posting: $1.83 Sentiment: Buy Disclosure: Held
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0 Great analysis

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Add NEA (ASX) to my watchlist