I'm looking to buy into NEA for the first time, just sitting back and watching for a dip in the SP to buy my way in, but its been trading above the 9 day EMA since the 10th of January. On average its trading above a 9 day WMA and its bloody miles above the 20 day SMA. But I think this week might finally be when I get in. A close below $2.10 would likely signal a reversal, but I'm likely going to be on the sidelines waiting again for a few more days.
Here's to a great interim report on the 20th.
NEA Price at posting:
$2.11 Sentiment: Buy Disclosure: Not Held