It'll be a combination of many things causing the drop. Shorts, paper hands, market FUD, NVX valuation running too high (subjective, you could argue either way depends on metrics you use). For retail investors you should ask yourself; what has changed with the NVX story, have we had negative news? Are you only looking at the share price? Why did you buy in the first place? In the end just don't make a decision you'll regret later.
Novonix (ASX:NVX) - Short Interest - StockTrack
NVX Chart, page-2167
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Last
69.0¢ |
Change
0.005(0.73%) |
Mkt cap ! $337.4M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.0¢ | 68.5¢ | $300.0K | 432.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 132316 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 7736 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |