Based on my observations in the last 2 days, once it hits 2.4, the BOTs bash it down to 2.33/2.34-ish.
Conspiracy theory - The bots are trying to create a 'pattern', luring traders or holders to form an impression that they could sell at 2.4 and buy back cheaper... In doing so, the smart investors / big boys can accumulate more...
Then once the big boys are done with their accumulation - good announcements will be released and they will propel back to $3+.
Its just my guesses and opinion... DYOR.
NVX Fundamental Analysis - a multi MULTI bagger, page-133
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Last
57.5¢ |
Change
-0.010(1.71%) |
Mkt cap ! $283.8M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 60.0¢ | 57.5¢ | $469.0K | 799.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18506 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| NVX (ASX) Chart |