While the dominant trend remains constructive, signs of exhaustion or profit-taking may occur as the price nears the channel's upper ceiling, with the midline and the 20-day SMA serving as primary pullback support levels to keep the broader bullish structure intact.
As previously observed, driven by regulatory mandates like ReFuelEU and major airline partnerships, Neste Oyj has leveraged its Rotterdam renewable hub expansion to emerge as a dominant sustainable aviation fuel (SAF) producer, fueling a significant share price rally over the past year.