ABC or 123 means consolidation pattern usually the stock drops 10% to 30% before a strong upward movement. Its open news that Nexus is in discussions with various parties about selling certain assets. I cant elaborate on this any further as they will just block this post. If they were to do some sort of sale in the near future its unlikely they would consolidate the stock would rise further. I hope that clears things up a bit.
It clearly has resistance at 34 cents if it can close above then it would be a very good technical indicator and would likely move further up, lets just leave it at that~!
nxs appoints new ceo, page-41
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $70.11M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.3¢ | $3.257K | 13.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6601 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 145820 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| NXS (ASX) Chart |