Ann: Nova drilling update , page-13

MasseyFerguson, you'll see from the chart that RSI has been trending down while the share price has been rising. Not a good sign imo.

MACD has made a negative cross over and is now trending down.

The share price has broken below its 10 days moving average but is till way above the 30 days moving average.

There are plenty of other technicals not covered here which don't look that flash and are indicating overbought or correction. Why should they look flash? Considering this company has very quickly run to a market cap of around $500 million on a lot of hype imo and not that many excellent drilling results with assays.