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