NVX 0.81% 61.0¢ novonix limited

NVX Chart, page-2

  1. 1,348 Posts.
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    Old resistance has now become support @ $2.58, a close below this won't be a positive sign, with the next stop being the dreaded $2.27 area. Looking for continued support along the thread line as denoted, which is favourable considering the XIJ will be likely to trend higher in coming weeks
    Break of this trendline and the support @ $2.58, will be seen as a sell signal, and may continue the longer downtrend pattern that has established itself since the highs on 27/2/21. https://hotcopper.com.au/data/attachments/3007/3007334-1d5d43fed982a63aeea5fc10d6435bfb.jpg
    https://hotcopper.com.au/data/attachments/3007/3007337-3ac89783da3183720a5012feae80c9c8.jpg
 
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