Novonix Limited (ASX: NVX) is an integrated developer and supplier of high-performance materials, equipment and services for the global lithium-ion battery industry with operations in the USA and Canada and sales in more than 14 countries.
Bulls Hunting +100%
Huge Fractal Bullish Pennant + Targets 1.925 & 2.800 From point of break
Fib Extension Targets - (-0.272 & -0.618) looking achievable and lining up to Fractal Target Regions
Market Structure forming within Pennant - Higher Low and Lower High indicating squeeze
Fib Retracement - Huge bounce off the .5 Golden Pocket Level
MACD - Indecisive oscillation indicating squeeze
CCI - Still trending up and no signs of Divergence on the Daily
Bollinger Band - We have been riding the 20 MA since April 24th
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.