Stock: NetLink NBN Trust (CJLU)
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Timeframe: Daily
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Date Range: ~Mar–Nov 2025
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Bars: ~180
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Last Traded Price: 0.960
1. Market Regime Classification — Currently Trending with Early Pullback Recovery
NetLink is in a medium-term uptrend, making sequential higher swing lows from 0.865 → 0.885 → 0.935 and higher swing highs from 0.910 → 0.965 → 0.990.
The recent dip toward 0.940 shows shallow pullback characteristics followed by today’s strong green recovery bar = trend resumption bias remains intact.
2. Highest Conviction Observations (Professional Read)
(1) Clear Uptrend With Healthy Structure
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Swing Highs: 0.930 → 0.910 → 0.965 → 0.990
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Swing Lows: 0.865 → 0.885 → 0.935
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No major CHoCH; all pullbacks remain above previous SLs → trend still intact
(2) Volume Behavior Signals Accumulation, Not Distribution
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Recent down-leg from 0.990 → 0.940 occurred on decreasing volume
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The recovery green bar today: wide spread + volume expansion
→ This is demand stepping in, not supply pressure.
(3) Possible Liquidity Grab at 0.940
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Price briefly wicks below prior micro-swing (0.945 zone)
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Quick reversal → classic stop-run + institutional pickup
(4) 0.965–0.975 = Key Supply Block
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This area has:
• multiple upper wicks
• previous rejection
• volume spikes showing profit-taking
→ Expect significant orders here.
(5) 0.990 = Major Liquidity Pool Above
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Final upside wick into 0.990 is a liquidity magnet
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If broken with volume → continuation
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If rejected → potential range 0.935–0.990
3. Market Structure & Order Flow (Bar-by-Bar Context)
Trend Structure
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BOS Up:
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Break above 0.885
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Break above 0.910
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Break above 0.965 → major momentum shift
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No downside BOS yet → bullish bias stands.
Momentum
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Strong impulse legs (long green bars)
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Pullbacks shallow (4–7 bars, narrow spread)
→ Momentum decay not observed, trend still strong.
4. Volume-Price Relationship (VPR)
Bullish VPR Signals
✔ Volume Declines on Pullbacks → mechanical profit taking, not selling
✔ Volume Expands on Up-moves → professional accumulation
✔ Recent Volume Dry-Up at 0.940 → classic pre-reversal setup
✔ Today: Wide range + Volume Expansion → bullish effort with clear result
No signs of supply absorption or distribution.
5. Institutional Footprints
(1) Liquidity Grabs
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Wick down to ~0.940 swept liquidity → reversed instantly
→ textbook spring pattern.
(2) Order Blocks
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Demand OB: 0.935–0.945
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Last down-close before strong push today
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Expect retests to hold as support
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Supply OB: 0.965–0.975
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Last up-close before the drop
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Heavy liquidity sits here
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(3) Fair Value Gaps (FVG)
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Small bullish FVG formed in Sep uptrend leg
→ already filled → healthy structure.
6. Bar Pattern Analysis
Bullish Bars
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Multiple bullish engulfing candles after small pullbacks
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Today’s bar = wide range + strong close → high-quality continuation bar
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Several tight clusters of inside bars in pullback zones → compression → expansion upward
Bearish Bars
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0.990 wick shows exhaustion
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0.965 red bar earlier = profit taking, not trend reversal.
7. Multi-Timeframe Confluence
On weekly chart (derived from daily structure):
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Price is climbing steadily off major support at ~0.880
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Weekly trend up
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Daily trend up
→ HTF–LTF alignment = strong continuation bias
8. Psychological & Key Levels
| Level | Importance |
|---|---|
| 0.935 | Strong support / demand block |
| 0.950 | Mid-level pivot; recent breakout |
| 0.965 | Strong supply, institutional level |
| 0.990 | Liquidity pool, key swing high |
| 1.000 | Psychological level magnet |
ATR context: Price swings remain within normal volatility; no overextension.
9. Risk-Adjusted Trade Zones (Professional View)
Bullish Scenario (Higher Probability)
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Entry Zone: 0.945–0.955 (retest of demand OB)
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Stop: Below 0.935
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TP1: 0.965
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TP2: 0.990
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TP3 (extension): 1.02
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R:R ≈ 3:1
Bearish (Low Probability until BOS down)
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Invalidates bull case only if 0.935 breaks with volume.
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Then downside to 0.910.
10. Forward-Looking Bias
Primary Bias: Bullish Continuation
Reasoning:
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Uptrend structure intact
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No bearish CHoCH
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Demand stepped in aggressively today
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Pullback was shallow
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Weekly confluence bullish
Key Levels to Watch
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0.965: first resistance test
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0.990: major breakout level
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0.935: invalidation level for bulls
Summary (Ultra-Concise)
NetLink is in a clean bullish trend with strong accumulation characteristics.
The recent dip into 0.940 was a liquidity sweep, and the aggressive buy-back today signals likely continuation toward 0.965 and possibly 0.990.
Only a break below 0.935 would turn the structure bearish.
Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.
Dividend: 5.63%
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