NVX 1.44% 68.5¢ novonix limited

it's not good that was distribution not accumulation after it...

  1. 292 Posts.
    lightbulb Created with Sketch. 105
    it's not good that was distribution not accumulation after it nearly hit $2 was run up every morning and sold down. Just as the 50ma and 20 ma were crossing it tanked which was a signal to short same thing happened in december. the 50 is was declining which makes it not support the price but if there was any power it would of pushed through. The hope is now it puts in a higher low or we're in trouble.
    The company clearly has a future but till there is some clarity or a catalyst i can't see where the power will come from.
    Management don't seem to care .
    Demand is going to be exponential but until we knhow graphite is qualified and works at scale shorters will rip it apart. Hope i don't lose my marriage over this 1. high risk
 
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