NXT 0.59% $18.00 nextdc limited

Another day another 52 week high, page-744

  1. drg
    3,611 Posts.
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    Well we have sliced through the 20 EMA (11.91) today on the weekly, this has acted as pretty good support during the run up. Hasn't been broken since the COVID March madness. The next line I am looking at is the 40 EMA which sits at 10.81. Will be interesting to see how the SP acts around here, might be worth a punt if we get a bounce off this support. For the longer term holders around here I am imagine would be good buying on a longer term horizon. Around the 11 mark has acted as pretty solid support from July to Sept. We are certainly getting back to an interesting price junction.

    https://hotcopper.com.au/data/attachments/2682/2682099-da25daede4bdceead03fbb8758de7cea.jpg
 
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