Niko Resources Ltd NKRSF

technically speaking

[steeeven]

Hi guys. Thanks for the good posts. An exciting day today for sure. The chart looks pretty fantastic here. We have cleared the last consolidation substantially and on good volume. I expect higher levels, although we will have to consolidate again soon. It is interesting to note there is a short position of 565,000 shares. This stock is not particularly active, so we may see some of these shorters panic and stretch ever higher to cover.