NIC 0.00% 84.5¢ nickel industries limited

Short interest should be around 3% levels once SP gets to around...

  1. 4,159 Posts.
    lightbulb Created with Sketch. 949
    Short interest should be around 3% levels once SP gets to around $1.16. Then a big move to 2% will help SP works it's way back to ATH.
    https://hotcopper.com.au/data/attachments/6149/6149731-a055b4782ffae22ad68806b88aa5b419.jpg
    Trends quite strong with only a very light retest of 200MA.

    https://hotcopper.com.au/data/attachments/6149/6149742-f3010792cbdd98271912d006f7631e20.jpg

    On the Wkly's MA cross over is about to play out as well which will help strengthen the trend.

    https://hotcopper.com.au/data/attachments/6149/6149747-6c0bd488eec676bdda29f44f3ca3ba13.jpg

    Cheers,
    MK1.
 
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