NVX 0.72% 69.0¢ novonix limited

NVX Chart, page-2050

  1. 409 Posts.
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    Significant symmetrical resistance around $7.72 and trending toward the ascending trend line for another test and possible double bottom on the weekly. Filled up at $7.80 last attempt.

    Plenty of liquidity inflows in the US market so that is less likely to place downward pressure on the SP in the next few months.

    Price is trending toward another significant announcement with plenty of news flow in the pipeline. The macro picture remains monumental with respect to demand v supply, with increasing pressure on manufacturers to lock down their ESG qualified supply chain.

    https://hotcopper.com.au/data/attachments/3920/3920399-5686c03652153833f6001a304b851fe5.jpg
    Last edited by MSQ9: 23/12/21
 
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