NTI 1.85% 5.3¢ neurotech international limited

Chart - NTI, page-3

  1. 14,661 Posts.
    lightbulb Created with Sketch. 7887
    Ariel can I start with an overview of the weekly as there's some important points there.
    Firstly you will note that current levels has been a popular support / resistance zone for a long time so no surprise seeing it pivot here. Also the shaded box of resistance to churn through is going to take some doing, you can see that entering that zone recently is where it failed.

    click on chart to enlarge.
    https://hotcopper.com.au/data/attachments/4849/4849692-dfcafd487e30898c52632d9594403f46.jpg

    Now coming back in a little closer the daily shows a big gap down from .13 cents. (was there a CR or something?), sure was a momentum killer regardless.
    SP has retraced now back to the popular 62% level. Match that with the weekly support level and I can't see this coming back much further unless there is news to the contrary.

    I'd be really looking for a close of day above that yellow 8ema to begin paying attention, following that I'd want the 8 to start wicking up towards the bollie median line. That would be a very cautious entry level for me (with a finger on the sell button on any sign of weakness). But once the 8 crossed over the bollie median (very bullish) the target would be possible gap close.
    MACD will mirror the 8ema and be also nice to see cross. That 8ema really is the greatest short term trend indicator, need that wicking up.

    https://hotcopper.com.au/data/attachments/4849/4849737-f96c956707291eec3246cfd9bec9f3bf.jpg

    All just my thoughts, really want this one to work out. The world needs it.

    Cheers
 
watchlist Created with Sketch. Add NTI (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
-0.001(1.85%)
Mkt cap ! $54.83M
Open High Low Value Volume
5.4¢ 5.5¢ 5.3¢ $33.62K 629.5K

Buyers (Bids)

No. Vol. Price($)
12 3755572 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 120107 3
View Market Depth
Last trade - 14.27pm 08/11/2024 (20 minute delay) ?
NTI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.