AsimMirzaTrader

NVX - Buying Opportunity!!

Long
ASX:NVX   NOVONIX LIMITED
NVX has broken out of the bearish trendline with High Volume and a MACD Bullish Cross, showing conviction of the Bulls. This price action suggests it may go higher towards the next Resistance levels. My Tp1 is $2.75 with a potential gain of 16% and TP2 at 3.00 with a potential gain of 27%. My stoploss on this trade will be below this swing low at $2.00.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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