POK 0.00% 20.0¢ potash minerals limited

Chart POK, page-264

  1. 14,059 Posts.
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    Weekly - Showing a tight pennant (last candle incomplete). Volume dropping right off. With price holding firm, this is essentially telling us that there is little selling pressure at lower levels. We saw this last week where price pinged back up from around 13c.

    Note that the current week is an ' inside week' forming ie price action is contained within the range of the previous week. This is also signifies an imminent move should price remain around here.

    35-40c target once the high is taken out.

    POKW.png
    Last edited by DrSeuss: 18/08/15
 
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Currently unlisted public company.

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