Where most bullish juniors are forming pennants and breaking out, NWC and RDT (I don't currently hold but have) appear to be forming downward flags:
RDT
NWC
Despite both having outstanding geology, they also have weaker registries IMO, causing the lower dips.
It's not all bad though, as it could be a bullish continuation pattern:
For NWC, we'd need to see an upwards move beyond 7.5c to confirm (+50% from here!).
NWC Chart, page-414
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $65.32M |
Open | High | Low | Value | Volume |
2.1¢ | 2.3¢ | 2.1¢ | $71.10K | 3.242M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1499094 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 487333 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1499094 | 0.021 |
6 | 890794 | 0.020 |
8 | 6532631 | 0.019 |
6 | 832805 | 0.018 |
11 | 3873581 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 487333 | 5 |
0.025 | 200039 | 2 |
0.027 | 4217 | 1 |
0.028 | 100000 | 1 |
0.029 | 931217 | 6 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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NWC (ASX) Chart |
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Mark Waller, MD
Mark Waller
MD
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