Technical analysis isn't always right and he wouldn't always be right. He called the retrace from the upper levels of the last peak but probability was on his side after the run that NIS had and macro factors have driven the retrace too. Not all gaps get filled and this one may not. In reality after a run like that calling a retrace was not rocket science. We often see an overshoot to the upside and unfortunately to the downside too, where we sit right now!
Ann: LCT Pegmatite Anomalies Identified In Proximity to Quarry, page-129
Add NIS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $5.552M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.6¢ | $23.47K | 883.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200069 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.18pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
2.6¢ |
Change
-0.001 ( 3.70 %) |
||||
| Open | High | Low | Volume | ||
| 2.6¢ | 2.6¢ | 2.6¢ | 156669 | ||
| Last updated 15.07pm 16/05/2024 ? | |||||
| NIS (ASX) Chart |