NOV 3.90% 3.7¢ novatti group limited

NOV Chart, page-562

  1. 229 Posts.
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    Big close at $0.54, creating a weekly high close.

    Any hint of softness is getting bought very quickly and in large volumes.

    Can feel that big breakout coming looking at the charts and the feeling is only exacerbated by:
    - new neobank licence coming
    - new upcoming quarterly (hopefully another record result)

    with hopefully updates on
    - new crypto patent / platform
    - new partnerships hopefully flowing from recent agreements with Ripple/ApplePay/GooglePay/Samsung Pay/Union Pay
    - new LifePay Fintech app
    - new customers from recent US launch of Emersion

    NOVA = New
    hence we shouldn't be surprised that NOV has so much new potential news coming up

    Just remember we do every now and then experience these long bullish candles (circa +30% moves) after periods of relatively quiet trading such as the prior range traded 1-2 weeks.
 
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