The "bust out" to 10.5 cents stretched stochastics to overbought but we now have a high volume break-out to new highs (last 5 years). Mt near term target to +14 cents is still valid BUT we we will get some wild swings in the immediate future. A lot of fundamental factors at play here (1) market reaction to assay results (2) nickel price and LME warehouse (rapid) draw-down of nickel stockpiles. This is a 10 day / 15 minute chart that is a typical high volume moonshot in progress. Notice that volume runs with the trend. Good luck to all longs
The "bust out" to 10.5 cents stretched stochastics to overbought...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.85M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $8.018K | 2.354M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 306696 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 25743318 | 23 |
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| Last trade - 15.29pm 30/08/2024 (20 minute delay) ? |
| POS (ASX) Chart |