Hi DCT,
I couldnt agree more.
I have taken a small speculative position in NAM based on its strong chart pattern and the fact that I have seen some large orders come into the market and just sit there at 38c recently.
One such order was for 80000 at 38c. This equals $30400. Not a big order?.......it sure is when the average volume is around 60000 per day. Today, only 21K traded for example.
Have you noticed how the sellers are drying up as well.
I have been watching QCH and the Cotton Futures market as well. Both are showing strength.
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Last
77.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
NAM (ASX) Chart |
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