NXT 0.49% $16.30 nextdc limited

Another day another 52 week high, page-13

  1. 1,232 Posts.
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    Moesoeloe has it from an entry perspective, but be aware of the things that the chart does not say .... at the moment it looks a touch overbought, but it's a bit deceptive. There is a lot of new broker coverage on NXT, and the target prices are quite high for some of them (with justification, I'd say) ... this has led to the recent run up.
    With the history of this stock, coming back to the 20DMA may be more by flattening out for a few days than dropping, so you may not find too many lower entry points .... but at least you don't have to rush in (unless there is another broker that gives a rev-up - I notice MF gave it a pump today).
    This chart does not include today, but you can see it only topped into overbought on that spurt Friday May 20, it'll come back pretty quick. 30 Minute charts show it back under overbought.
    IMO, of course ... your call  

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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
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Last updated 15.59pm 26/04/2024 ?
NXT (ASX) Chart
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