If the 10c can hold then NKP should retrace above 10c. If the 10c barrier fails then who knows what is the next support.
For everyone asking about the "cappers" ... seems they are not just cappers but are real sellers. I can see that these are people that probably got into the stock when the BFS was imminent and are disappointed at what was released. However there was no liquidity for them to sell. First looked like capping until it started to move down along with the share price. Finally its just sold at market. Not very smart way to sell the stock but they seem to be the facts.
If this can hold 10c for the short term probably going back in.
This needs to filter another 3-4million shares before I am confident to reconsider entry.
NKP Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
