Interesting discussion on this forum but it highlights one important fact. We are all human and have different views and see different characteristics.
I think the counter arguments are good and along with my own research allows me to make a more informed decision on whether I want to trade a stock like NXS based on the long term support levels that have been clearly identified or wait until there is comfirmation that there is a trend reversal.
If one's entry point is 40c and this represents a reversal, good luck. Others will use different chart indicators.
Let's face it if we all knew what was going to happen we would all be rich and probably not here anyway.
Please keep up the good discussion but everybody is entitled to an opinion if it can be provided with an explanation. I am happy for anybody to tell me I am wrong because that is the way we all learn.
Cheers
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at the bottom of the long term trading range, page-42
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Last
27.0¢ |
Change
0.020(8.00%) |
Mkt cap ! $78.75M |
Open | High | Low | Value | Volume |
25.5¢ | 27.0¢ | 22.5¢ | $103.9K | 445.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 19999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 0.240 |
1 | 4255 | 0.235 |
1 | 1854 | 0.230 |
3 | 30874 | 0.225 |
1 | 75904 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 19999 | 1 |
0.275 | 132590 | 2 |
0.280 | 2542 | 1 |
0.285 | 7749 | 1 |
0.290 | 8000 | 1 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
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NXS (ASX) Chart |