yep, those manipulators tend to do it a few times within the pre-set range...
eventually it will lure traders to trade and even some med/long term holders to sell at the 'capped ceiling range', hoping to buy back at a cheaper price. Then once lots of impatient holders sold and the supply has depleted, it probably won't come back down and keep going upwards.....
i saw that happened to PNV a few times all the way up from 80-ish cents last year...
it actually happens to small cap shares in the accumulation phase a lot, as small cap shares can easily be manipulated with a few milions.
Good luck and DOYR!
PNV - Chart, page-16041
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 (20min delay)
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Last
$2.35 |
Change
0.020(0.86%) |
Mkt cap ! $1.622B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.40 | $2.34 | $2.822M | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13436 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 11159 | 4 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |