The test of the $3.05c. level was 'fleeting' and on the back no (further) news it was a big ask to move/close higher.
Yesterday there was both trend line AND horizontal line resistance @ $3.05c.
The close of $2.36c. on 16/08 was also subtle.....a pip below the 200 day ema.
It may be in your interest researching 'the basics of algorithmic trading'.........basically, channel break outs, horizontal price movements and the 200 day ema........that is behind the current NXS share price action.
The chart below was generated on 20/08.
Just my take.
Cheers.
Charts NXS, page-256
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 (20min delay)
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.29M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 26.5¢ | $5.656K | 21.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12409 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
26.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 26.5¢ | 26.5¢ | 26.5¢ | 1688 | ||
| Last updated 15.56pm 07/06/2024 ? | |||||
| NXS (ASX) Chart |