NEA
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0.24% $2.08 nearmap ltd

Breakout imminent, page-39

  1. DJBDJB
    298 Posts.
    lightbulb Created with Sketch. 14
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    19/01/19
    12:42
    Post #: 37163411
    I don't agree with your "relatively light volume" comment.

    On week just closed we had a volume of A$17.3M against a 10 weeks moving average of A$11.7M. I agree that volume was below average for 8 of the 10 previous weeks, but the last two weeks have seen a strong uptick. This is good IMHO.

    Weekly Chart of NEA & Volume bars attached - as per 19 Jan 2019.


    Nearmap 19 Jan 10.png
    NEA Price at posting: $1.97 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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