This type of analysis in addition to the dailies provided by @kickit2me are great, thankyou!
Its obvious to all of us by now that the shorts are looking for liquidity to cover and they found a chunk at $2.20.
I fully expect them to whip the sp around a bit to shake out remaining weak hands. However, with strong hands already well tested, the shorts know that meaningful liquidity to continue covering will be found at levels beyond $2.20. Its possible that we see upward step-changes in the sp to mitigate the risk of a full blown squeeze, time will tell...
This type of analysis in addition to the dailies provided by...
-
- There are more pages in this discussion • 2,644 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PNV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.36 |
Change
0.020(0.85%) |
Mkt cap ! $1.628B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.40 | $2.33 | $1.160M | 491.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5181 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 1873 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |