I've been combining FA and TA on this one, as I think NWC is performing an archetypal journey.
As you can see most of the recent selling precedes the latest drill hits. I suspect the selling in September is really the result of being 200% up on 1.5c, the previous consolidation level. 4.5c therefore became the temporary ceiling, tested again today:
On Balance Volume remains strong.
In the short term NWC has trended up from the latest massive sulphides intersections ann, not down, and the OBV shows net buying too (as best it can).
I've been combining FA and TA on this one, as I think NWC is...
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $93.57M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.3¢ | $27.36K | 819.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1210000 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 513239 | 2 |
View Market Depth
| Last trade - 15.48pm 15/07/2024 (20 minute delay) ? |
| NWC (ASX) Chart |