NOVONIX Ltd

Quick Scalp on NVX

252
On the daily it was a massive bearish candle with a bearish volume as well. So I thought ill go shot with this one, it also had a massive bull run for the past 5 days, so a pull back was due.

1 min: it did gap down and open at $3.10, waited for a pull back and got in at $3.10 with 1000 shares. Just only made about 5 ticks because I saw on the depth it was about to squeeze me out, so I
got out quickly and lucky I did.

Not my favorited trade but it will do.

Spark: On spark I saw it was going to gap down a lot so I have to be careful if it recovered. At 10.07am that’s when I got in, when I saw there was more sellers than buyers were thinning out
that’s when I got in.

Once I saw that $3 did not break and there were buyers jumping in front of it, I knew it was not going to break, that why I got out at $3.07 10.10am and the spread was so bad.

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