yep, those manipulators tend to do it a few times within the pre-set range...
eventually it will lure traders to trade and even some med/long term holders to sell at the 'capped ceiling range', hoping to buy back at a cheaper price. Then once lots of impatient holders sold and the supply has depleted, it probably won't come back down and keep going upwards.....
i saw that happened to PNV a few times all the way up from 80-ish cents last year...
it actually happens to small cap shares in the accumulation phase a lot, as small cap shares can easily be manipulated with a few milions.
Good luck and DOYR!
PNV - Chart, page-16041
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 (20min delay)
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Last
$2.04 |
Change
-0.030(1.45%) |
Mkt cap ! $1.409B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.11 | $2.03 | $1.727M | 838.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 299194 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 1559 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |