I'll consider myself the dumb money that will look at a chart more than just believing upon the fundamentals etc. Either the market is right or wrong on the trend. I've considered EVN/NST on many occasions but both looks slightly more horrible from a chart perspective currently. I don't have a future peeking chart at this point.
A few things I like to ask for your opinion. Why is NST selling and why is EVN buying? Both of these operators were VERY astute as they purchased assets in the past when no body wanted them or were trying to get out. EVN even flicked tier 1 used by date to RMS and it would appear NST is doing the same? The QTR report I thought didn't warrant such selling down and with big volumes so coupled with the asset purchase/CR, it would appear the speculation of why such aggressive selling is making a bit more sense.
$3.85 is just a few cents off that KEY swing low. XAUAUD came off the previous top presumably with risk back in play through AUDUSD which is taking its lead from US equity recovery from a quick shake so as you say that there a re plenty of 'moving parts'. $3.79 or $3.35 are the levels I am looking at. Just like pandemic crash, the H&S pattern was there and again I have been seeing this pattern playing out again.
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Last
$4.03 |
Change
0.055(1.39%) |
Mkt cap ! $8.022B |
Open | High | Low | Value | Volume |
$4.06 | $4.07 | $4.00 | $18.94M | 4.697M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 48412 | $4.02 |
Sellers (Offers)
Price($) | Vol. | No. |
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$4.03 | 82590 | 64 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 48412 | 4.020 |
35 | 110897 | 4.010 |
27 | 128647 | 4.000 |
15 | 172717 | 3.990 |
16 | 53054 | 3.980 |
Price($) | Vol. | No. |
---|---|---|
4.030 | 82590 | 64 |
4.040 | 87983 | 31 |
4.050 | 113985 | 23 |
4.060 | 149432 | 19 |
4.070 | 236280 | 21 |
Last trade - 15.44pm 26/04/2024 (20 minute delay) ? |
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Last
$4.05 |
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Change
0.055 ( 1.53 %) |
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Open | High | Low | Volume | ||
$4.05 | $4.07 | $4.00 | 2301604 | ||
Last updated 15.59pm 26/04/2024 ? |
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