Looks like we may be seeing a bear trap play out under the falling wedge pattern. Ideally we would close out Wednesday, and the monthly candle, at ~18.5c for a long legged doji, this would leave a long wick under the falling wedge. If that doesn't happen then it could spend a few weeks under the wedge in a tight range.
If we do get a doji on the monthly then that would definitely be an end to the bear sentiment IMO, and could easily see gains of 100% or more over the following weeks and months.
Weekly Chart;
We have a falling wedge in a downtrend:
NVA Chart, page-2045
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.86M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14839 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 58600 | 1 |
View Market Depth
| Last trade - 08.59am 08/10/2024 (20 minute delay) ? |
| NVA (ASX) Chart |
Day chart unavailable