Not downramping either but Ive been trading this since 50c days and it has proven 99% to fill gaps left in the daily bar chart at some stage. Up and down.
There is quite a gap left open at 10.82 - 11.18 left on 7th April last year.
Its getting very close and I now think it quite possible considering the current situation (negative sentiment).
Ive been blasted as downramping many times before about gaps filling but have always been correct, especially with NST.
However, we shall see. Always a first time.
The other thing to point out is there is a nice gap above here needs filling one day too, so its not all bad. My next trade is to buy a decent parcel at 10.82 (gap below) and sell it around 16.50 (gap above)
Just my opinion, no advice.
I do hold some free carry as well.
Why is NST the third most shorted?, page-104
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Last
$13.86 |
Change
0.570(4.29%) |
Mkt cap ! $15.92B | |||
| Open | High | Low | Value | Volume |
| $13.71 | $13.91 | $13.63 | $79.37M | 5.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35544 | $13.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.86 | 28982 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |