If one looks at the pullback % & duration patterns, it is easy to see that both are being reduced with time.
36.95% -> 17.14% -> 13.73% -> 10% ? 50 Days -> 5 Days -> 3 Days -> 2 Days ?
Just a quick glance at these numbers would suggest perhaps next week we might only see a 10% pullback with a 2 days duration.
If true, this might give us a support level around $2.76 on Monday (or Tuesday) next week then consolidate around these levels then possibly move up to challenge the old high at $3.07 before the next update hits the market in early to mid April.
Anyway, of course this is all just a logical guess but having held this stock for so long, one thing is certain, continuous patience and loyalty will surely be rewarded in the long term.
NEA Price at posting:
$2.81 Sentiment: Buy Disclosure: Held