If we are talking about trends, then what better indicator to use than moving averages? As I said, use the weekly chart and zoom out. It should find solid support around $14.70 - $15. If it breaks decisively, then a 200 EMA is possible. Keep in mind that it has dipped just under the weekly 100 EMA a bunch of times in the past and then bounced, so a decisive break is needed.
What I don't understand is how you think this stock should be at $12 or below during the biggest wave for DC when it's been steadily climbing to the top right for the past 8 years... If it held during many more uncertain periods, why would it crash to $10 in the era of DC?
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$13.96 |
Change
0.060(0.43%) |
Mkt cap ! $8.940B | |||
| Open | High | Low | Value | Volume |
| $13.97 | $14.03 | $13.82 | $25.49M | 1.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1993 | $13.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.97 | 7433 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |