My analysis about POS

There are some strong indicators that uptrend will begin for POS soon

Pos is looking fundamentally and technically very bullish. The reasons for that ;

Fundamentally;

Weak AUD , strong USD good for generating profit from our nickel sales

Low oil price ; low production and transport cost,

Base metals are ranging so possible uptrend looking very bullish.

News flows about developments and productions like debt funding , resource estimates

Technically ;

POS has been ranging between 13.5 to 14 cent for a while. Every range ends up with upterm or down term. For Pos , upterm looking very bullish. With any positive news breakout will come with upterm.

As a type reader perspective , someone has been accumulating for a while

As a result , smart money has already taken their position. They just waiting for a green light.

So for my opinion POS is looking very bullish in near term

Above only my opinion ,

Happy trade everyone,