Australia's largest stock trading and investment forum Australia's #1 stock forum

NEA

Click for more information

0.24%

$2.08 nearmap ltd

Time for a healthy pullback, page-84

First 84 Last

Share
Profile

Follow
Capital Raising

205 Posts.

24

08/11/18

20:51

Post #: 36439615
Share

Originally posted by crystalblue: ↑

Hi @procrastinator,

I was also a little confuse at first but then I realised that the first paragraph is what CR originally wrote back on the 27/9/18, when this thread was started & the NEA sp was at $1.71. In hindsight CR was almost spot on in his prediction because the NEA went as low as $1.22

The second paragraph is what CR is now predicting today since a “flipped” charting pattern is detected, but whereas on 27/9/18 the pattern predicted a bearish outcome, this new “flipped” pattern is predicting a bullish outcome. And if the sp can close above $1.55 with good volume and assuming a similar time scale then perhaps around late December or early January 2019 we will see the sp pushing near $1.94 again.

Expand

you are exactly right. Sorry it wasn't clearer

NEA Price at posting: $1.49 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Open: Aussie investors to power past concerns raised by Trump's tariff threats | November 27, 2024

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 83 more messages in this thread...

First 84 Last

Add NEA (ASX) to my watchlist