Must have been good being long as the share price dropped from $12 to $1.9. Daily movements are irrelevant, unless you are a day-trader. Even if NVX bumps back to $3, the trend is clear. It's quite tragic how easily some people get euphoric and buy every single rug pull.
Yes, NVX will shoot much higher today again. However, it is important to understand that it has absolutely nothing to do with NVX, just like it had nothing to do with NVX yesterday, just like it had nothing to do when it peaked at $12 last year. NVX doesn't move based on fundamentals at this stage. Is it possible that this will change at some point? It is, but I wouldn't count on it.
Media Watch - NVX related, page-7424
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Last
70.5¢ |
Change
0.005(0.71%) |
Mkt cap ! $344.7M | |||
| Open | High | Low | Value | Volume |
| 69.5¢ | 72.0¢ | 68.5¢ | $478.7K | 675.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15701 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 10000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NVX (ASX) Chart |