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80.0¢ novonix limited

NVX Chart, page-705

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MartyB15

35 Posts.

4

08/09/21

16:39

Post #: 55927207
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Originally posted by Graphene8911: ↑

Geez what a day - an unexpected one at that.
Day trading events:
- Started off on the sidelines with only 1/3rd bought in at 4.76 from about a week ago
- Was expecting it to hit a low of around 4.85 given the past few days so had my buy price set there
- Started heading north, I always set my buy price to limit slightly lower than current price to catch a fallback
- Had to keep going up with my limit and ended up in at 5.48. It only hit about 40% of my price before going up again.
- It was struggling to hit the day's high again so I decided to cancel my outstanding shares
- Luckily I did since it dropped back down. Picked up the rest of the outstanding packet and then some at 5.3 to average down
- Managed to get out again at 5.45 for a small profit.

Today was a completely unexpected day but from what we've seen the dips i) don't last long and ii) seem to stay above the previous 52 weeks' high.

The Sept/Oct effect doesn't seem to be having any negative effect, but it's still early Sept days.

This is certainly not a formula to follow and not advice.

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some stocks are spec trading stocks and some are in early accumulate and hold stage.
NVX does fit the criteria for a long-term accumulate.
Otherwise all you do is churn fee's and cgt.
Just saying

NVX Price at posting: $5.43 Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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(20min delay)
Last 80.0¢		Change 0.000(0.00%)		Mkt cap ! $394.9M

Open	High	Low	Value	Volume
79.5¢	80.5¢	78.0¢	$706.0K	891.4K

Buyers (Bids)

No.	Vol.	Price($)
1	19894	80.0¢

Sellers (Offers)

Price($)	Vol.	No.
80.5¢	23508	2

View Market Depth

No.	Vol.	Price($)
1	19894	0.800
1	6920	0.795
3	14084	0.790
6	50409	0.785
6	139415	0.780

Price($)	Vol.	No.
0.805	23508	2
0.810	5000	1
0.815	17700	2
0.820	35077	3
0.825	25697	4

Last trade - 16.10pm 28/10/2024 (20 minute delay)

NVX (ASX) Chart