POS 25.0% 0.5¢ poseidon nickel limited

Very good chart, page-19

  1. 9,773 Posts.
    lightbulb Created with Sketch. 4219
    on TA this is BULLISH candle today
    The bullish alarms are still on & barchart.com is still 100% BUY on all of ST MT LT, see below.
    Volatitlity with a 3.5c daily trading range has hit a 7 year high also.

    todays 14.0 close was a close on the prior close of 14.0
    it was also a close and open above the prior days open and close = BULLISH
    this will show a flatline on the line chart and force the UBB higher to 16.0
    Its still above the 2016 high which was a bearish shooting star high and we have traded above that for 3 days now.


    more importantly we avoided the bearish harami/red engulfing candle which got converted into a bullish higher red doji type candle with long ends showing higher trend intact
    The candles body exceeds the prior close with long tail and long neck so the lows were accumulated and the highs were sold down, still going upwards

    its a classic traders chart loved by buyers & sellers alike.
    With 72M shares traded thats 2.5% of all shares
    so looks like the short interest is increasing and DTs are taking longer day moves and the accumulation continues.

    the last time we had a 3.5c daily trading range move was in 2014 at 23c-28c
    the long 3.5c trading range portends a higher move as volatility is getting longer and this range can go upwards too instead of across the prior days range.

    looking good for bullish continuation chart.

    Barchart Opinion
    INDICATOR
    Column 1 Column 2 Column 3 Column 4 Column 5
    0 Composite Indicator Signal Strength Direction
    1 TrendSpotter BUY Maximum Average
    2 Short Term Indicators
    3 20 Day Moving Average BUY Maximum Strengthening
    4 20 - 50 Day MACD Oscillator BUY Maximum Strongest
    5 20 - 100 Day MACD Oscillator BUY Maximum Strongest
    6 20 - 200 Day MACD Oscillator BUY Maximum Strongest
    7 20 - Day Average Volume: 23,976,377 Average: 100% BUY
 
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Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $18.56M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $9.661K 2.404M

Buyers (Bids)

No. Vol. Price($)
90 66568063 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 16479836 30
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
POS (ASX) Chart
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