NHL has shown one major weakness this week and that is an inability to pullback and test the demand level at about 8 cents for support. Until it does all the bullish exuberance will count for zero as the share price will keep wanting to drift down to test the demand level. Even if the share price were to move up and test the next daily chart supply level the next place it would head is down to test the demand level at around the 8 cent level. It will make no difference what announcements the company puts out the demand levels need to be retested and the ealier it is retested the less painful is the process for all holders. The problem is shown here on the 60 minute chart. When it does pull back to this level and successfully test it for support is the day the next huge uptrend will develop in NHL where there is any news in the meantime or not because a huge W pattern supportive of higher price levels will have been built into NHL at the 8 cent level.
NHL 9.4
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.226M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000000 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 43422459 | 13 |
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| Last trade - 09.59am 23/07/2025 (20 minute delay) ? |
| TD1 (ASX) Chart |
Day chart unavailable