So far a very hard run on increasing volume, based on the anticipated announcement of farm-in agreement signing.
From a technical view I have attached a chart showing a retracement that some posters have mentioned. The sp has topped out today, closing down for the first day, after a steller hard run last week. This could be a sign of exhaustion.
Some see that it is time for NGE to have a breather or a retracement and that is what we saw occur today. If the retracement continues then the fibonacci retrace levels identify 17.5cents, 16cents, and 14.5cents as major price points.
The stochastics are also showing an overbought situation.
This afternoon saw trading patterns change considerably as buyers backed off and sellers moved in. The off screen buys also stopped coming in and holders became nervous.
This is an interesting time for NGE, so close to the announcement.
Good luck to all holders.
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 (20min delay)
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Last
$1.26 |
Change
0.000(0.00%) |
Mkt cap ! $43.22M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14099 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 2575 | 1 |
View Market Depth
| Last trade - 16.21pm 17/09/2025 (20 minute delay) ? |
| NGE (ASX) Chart |
Day chart unavailable