A strong breakout to the downside continues to gather momentum since Wednesday's disastrous day, where an attempt to push higher wasn't supported, and sold down, leaving a very bearish sentiment leading into Thursday. Selling continues in the US overnight, which is likely to break the support @ the $2.28 area. Next support area @ $2.09 and $1.73, with $1.73 looking more likely IMO.
The XIJ is also teetering on the brink of a further decline, led by the tech sell off on the NASDAQ, which continues to look unstable, definitely not helping things for the current NVX situation.
Without stating the obvious, there's a consistent lack of buyers atm, led by a decline in the whole sector (XIJ), and a rotation into other sectors (XHJ, XSJ, XDJ, XRJ), along with a reduction in higher risk plays by investors market wide.
A positive announcement is the only remedy to the current downtrend IMO. GLTAH
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A strong breakout to the downside continues to gather momentum...
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Last
72.0¢ |
Change
-0.010(1.37%) |
Mkt cap ! $354.7M |
Open | High | Low | Value | Volume |
73.0¢ | 74.0¢ | 72.0¢ | $626.9K | 858.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 19670 | 72.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.0¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 18290 | 0.720 |
1 | 4494 | 0.715 |
1 | 10000 | 0.710 |
1 | 4982 | 0.705 |
4 | 105587 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.730 | 25000 | 1 |
0.735 | 3830 | 1 |
0.740 | 22114 | 3 |
0.745 | 32347 | 3 |
0.750 | 127142 | 11 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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