NEA 0.00% $2.10 nearmap ltd

Thanks for taking the time to explain, I am always happy to...

  1. 3,210 Posts.
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    Thanks for taking the time to explain, I am always happy to learn new techniques, none of which work all/most the time.

    IMHO a lot of the NEA supply/demand is coming from index fund selling/buying, have a look at the XSO vs NEA one minute trends.
    Then the shorts and longs exaggerate the moves in either direction.
    The shorts have had the upper hand for months, but this has reversed this week, for how long who knows, depends when and what Trump starts tweeting.
    Medium term I'm super bullish as NEA fundamentals are strong.
 
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