POS 0.00% 0.4¢ poseidon nickel limited

Very few charts look sexier than this baby, page-1007

  1. 9,928 Posts.
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    Another higher green candle with long wick
    bullish pattern
    UBB now at 11.5c
    MACDs RSIs lower and showing 30-40% upmove possible now

    So the TA is showing 12-14 is the short term target now.

    that 1 July long green engulfing candle 8.7-11.0 range is dominating the chart still and everything since for 3 weeks has traded within it.
    The 19 July red candle is now engulfed by todays candle, its known as a bullish engulfing pattern -

    upload_2021-7-21_15-4-46.png


    24.6M traded today
    daily volume well above 4M daily as it was previously, some days they were even 1M only.
    the swiping at 9.6 to 10.0 was furious then the low volume coverback as usual.
    Some similar daily patterns forming, like clockwork.

    Only one explanation.
    Someone accumulating large volume (a winning strategy to date) and someone capping to hold it down cheap (the latter failed miserably thus far).
    another breakout from 10-11 on the way looks like imho.
    needs to move to that new trading range of 12.5-18.5

    TA is foretelling bullish news incoming.
 
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Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $14.85M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $8.018K 2.354M

Buyers (Bids)

No. Vol. Price($)
5 306696 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 25743318 23
View Market Depth
Last trade - 15.29pm 30/08/2024 (20 minute delay) ?
POS (ASX) Chart
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