johninvest17

$NEA Nearmap what are you going to do?

johninvest17 Updated   
ASX:NEA   None
Worth adding to the watchlist. Breakout or Break down coming soon.
The XJO is bullish at the moment, technical indicators are bullish. So it is more likely to go higher at this stage.
But we should not buy right now and should be patient + wait for confirmation.
Comment:
Approaching 50ma today, if rejected we could go to 2.41 or 200ma.
Comment:
Fail to break the triangle/trendline for a long call. In fact, Nearmap broken down after a downgrade in revenue guidance.
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