A great bounce today, which plays into the falling wedge theory nicely, with price pushing above the upper trendline slightly, along with bullish divergence on the stochastic, all positive breakout signs
Possible scenario would play out to around the $3.80 mark, projected by the width of the wider end of the wedge
The XIJ has taken support from the 200MA and has also broken above the trendline to show signs of a new push higher
With Sleepy Joe's new policies lighting a fire under battery production, and the EV market in general, we can look forward to continued support in the XIJ, and XMJ in the coming month, NVX to follow suit hopefully. GLTAH, Have a nice weekend
NVX Chart, page-50
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Last
69.5¢ |
Change
-0.025(3.47%) |
Mkt cap ! $354.4M | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 73.5¢ | 68.0¢ | $1.495M | 2.120M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21809 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 185539 | 11 |
View Market Depth
| Last trade - 12.57pm 30/05/2024 (20 minute delay) ? |
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Last
69.3¢ |
Change
-0.025 ( 3.09 %) |
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| Open | High | Low | Volume | ||
| 72.8¢ | 73.3¢ | 68.0¢ | 300578 | ||
| Last updated 13.19pm 30/05/2024 ? | |||||
| NVX (ASX) Chart |