NEXTDC Limited (NXT.ASX)

5 December 2017


Technical Summary: The long term trend of NXT is up, albeit with some volatility. This trend has continued into 2017 with the stock showing good relative strength. The stock has run up significantly in the last few months out of a 12 week base in which volatility contracted. The stock may look overextended at this point so we would be looking for NXT to form a new base and potentially provide a secondary buying opportunity.

Good performer, potentially overextended

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