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1.54%

64.0¢ novonix limited

charts dont look good, big head shoulders pattern, could head...

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arthurh

80 Posts.

18

12/07/22

10:36

Post #: 62489439
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Originally posted by Rookieplayer77: ↑

What did Morgans say?
Morgans notes that the risk off sentiment is now reflected in the Novonix share price but it is still feeling “gun shy.”It explained:We have deferred our expectations for revenue as commissioning continues on the Riverside anode facility. NVX has not provided further updates on the progress of a firm offtake with Samsung and we suspect it will take longer than hoped.The market is pricing in risk much more aggressively and NVX has not yet proven the viability of its anode business with blue chip clients at scale.We have therefore reduced our target price to $2.98 (-39%) with a higher assumed cost of equity and a later assumed ramp up of production.

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charts dont look good, big head shoulders pattern, could head down to $1

NVX Price at posting: $2.07 Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 64.0¢		Change -0.010(1.54%)		Mkt cap ! $314.1M

Open	High	Low	Value	Volume
65.0¢	65.5¢	63.5¢	$422.0K	654.7K

Buyers (Bids)

No.	Vol.	Price($)
1	6394	68.0¢

Sellers (Offers)

Price($)	Vol.	No.
60.5¢	752	1

View Market Depth

No.	Vol.	Price($)
1	6394	0.680
2	204	0.670
1	1	0.665
13	57383	0.635
18	195615	0.630

Price($)	Vol.	No.
0.645	3926	1
0.650	44351	7
0.655	23900	3
0.660	49758	3
0.665	14800	1

Last trade - 15.59pm 14/06/2024 (20 minute delay)


Last 64.0¢			Change -0.010 ( 1.72 %)
Open	High		Low	Volume
64.0¢	65.5¢		63.5¢	205960
Last updated 15.59pm 14/06/2024 ?

NVX (ASX) Chart