I guess the problem with shares like NVX is as it goes up on hype/deals, there is little fundamentals to back up any support levels.
Just like how this went up to $12 with no material increase in revenue/profits (yes deals were signed but that's 3-5 years in the future), this could easy go back to $3-4 on no negative news either
I got in at $2.50 odd so will be a long-term hold for me but looks like the slide will continue this morning
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I guess the problem with shares like NVX is as it goes up on...
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