NEXTDC Limited (NXT.ASX)

4 September 2018

Technical Summary: Both the 1 year and the 5 year charts of NXT show a stock that is in a strong uptrend. In an orderly fashion the stock has moved from the bottom left of the screen to the top right. The stock has taken its foot off the break since June and appears to be consolidating after a good run. What to do from here will depend on your trading or investing strategy. If your a buy the dip style trader then it might be attractive to you with the stock trading at the bottom end of its trading base – and you will manage the trade depending on your risk management strategy. For breakout style trading there is not much to do here and it appears as if the stock

Strong uptrend from NXT as the stock has gone from the bottom left to the top right

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