NVX 0.81% 62.5¢ novonix limited

I hope it closes above $5.8 or ideally above $6. I don't like...

  1. 147 Posts.
    lightbulb Created with Sketch. 25
    I hope it closes above $5.8 or ideally above $6.
    I don't like stocks that for two days in a row close:
    - Below 200 EMA
    - Below bearish trendline
    - Have highest number of shorters of last 3 years
    - All time 61.8% fib retracement still to go at around $4.87.

    It is typically a sign that the stock is gonna go further down. I'm a holder so hope this time is different. Fingers crossed.

    https://hotcopper.com.au/data/attachments/4098/4098377-c09f0d67f7182570e979c5dccbc3b1e3.jpg
 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.