Watch the volume
There is no volume dumping at all since 19 Dec
The volume has dried up
those who want to sell for massive losses have done so most others are holding long or looking to average down or take larger positions if the coast is clear and uptrend V whipsaw ensues as I expect it to.
There are 7 major buyers in the market for Oz Ni stocks that we know of -
BHP IGO AFAF/Wyloo POSCO($300M stake in Ravensthorpe) FQM (Raven) Glencore (MM) Tesla
POS is the ONLY one left to invest in for Oz Ni near term production and all our competition is GONE -
MCR PAN WSA Noront Ravensthorpe SIR MBN ANL are all gone.
Now how does one make a fortune on share trading again?
Trading rule 1
BUY LOW SELL HIGH
1.0c -1.3c is a record all time low area for POS on the monthly.
Volume tells us its a BUYZONE down here and the upside is open.
But many are too scared to try.
Watch the volume Itchi.
Volume, page-2026
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.56M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $13.25K | 2.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 25748773 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 32264269 | 36 |
View Market Depth
| Last trade - 11.27am 24/06/2024 (20 minute delay) ? |
| POS (ASX) Chart |