Morning Wasa, trust you're well over there.
NEU continues in a lovely uptrend. Re no announcement, you will notice on this daily chart that there is a spike in SP a few days after a decent announcement. (the red dots are announcements). Kind of a delayed reaction. I certainly can't explain that as I've never seen it as blatant as that but pretty cool in a way as it allows us retail mugs to buy a few upon announcement with a high probability of a spike in coming days. (with caution to the substance of the announcement).
Scanning out a bit longer term on a weekly chart you can see that the SP has risen to headbutt into a zone of resistance, it was surprisingly low volume therefore I would expect getting through it too difficult.
Chart really is quite bullish Wasa, I don't think I can add too much more at this stage.
Cheers.
click on charts to enlarge
NEU chart, page-25
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Last
$19.31 |
Change
-0.790(3.93%) |
Mkt cap ! $2.465B | |||
| Open | High | Low | Value | Volume |
| $19.86 | $19.99 | $17.97 | $22.67M | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2222 | $19.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.31 | 8162 | 3 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$19.25 |
Change
-0.790 ( 4.18 %) |
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| Open | High | Low | Volume | ||
| $19.88 | $19.88 | $17.97 | 249066 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| NEU (ASX) Chart |