NVX 0.73% 69.0¢ novonix limited

Weekly chart - had a relief rally after the sell off, bounced to...

  1. 298 Posts.
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    Weekly chart - had a relief rally after the sell off, bounced to the $10 region then resumed downward through the 5ema. Expectation for sometime has been a retest of the support zone around $7, key area to hold is around $8.
    A weekly close below $8 brings those lower support regions firmly into play into play.


    https://hotcopper.com.au/data/attachments/3912/3912645-f676d959b2e29349eee8fe6fb5be44b8.jpg

    Daily chart - looks under a lot of pressure here, interested in others thoughts on the daily? @@hoots if you're able to share any thoughts would be most appreciated.

    https://hotcopper.com.au/data/attachments/3912/3912698-e422c8461c69ad69510924133c5f5c73.jpg

    Further commentary re parabolic moves here.

    https://hotcopper.com.au/data/attachments/3912/3912713-0e6391446dd7dfee2659e5effac4bb94.jpg


    Last edited by philm23: 21/12/21
 
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