POS 0.00% 0.5¢ poseidon nickel limited

The chart isnt compressed in time scale or whatever delusion you...

  1. 249 Posts.
    lightbulb Created with Sketch. 22

    The chart isnt compressed in time scale or whatever delusion you are living in. It’s simply a candle chart vs a line chart overlay for easier visuals. The line chart takes prices on close so you don’t get the big wick peaks. You can directly compare the monthly NP overly to the previous post or the new % difference which is taken from the bottom of the NP market. Additionally you can see there is no wizardry with time scale, to spite my username.
    Sorry, not a conspiracy, or misleading. The reason POS SP dropped off early from the NP peak is because they did nothing to restart and the market dumped their speculative holdings when it was realised at the time that POS was a nothing burger.

    If you are expecting a 1:1 correlation of NP to SP you are in unicorns and fairyland.

    line vs candle same instrument
    https://hotcopper.com.au/data/attachments/6302/6302639-fed32b0a97fd2ea5ae8559943a8df5b4.jpghttps://hotcopper.com.au/data/attachments/6302/6302635-54730913e2507c293fede25e99f3b74b.jpg


    %difference from bottom of NP
    https://hotcopper.com.au/data/attachments/6302/6302643-4e0b17a8405d2244f6dc94e5c5dcb6a4.jpg
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.