POS.AX Poseidon Nickel (ASX) intraday volume spike 19 Mar 2026: what traders should watch

POS.AX stock jumped intraday on 19 Mar 2026 after a sharp volume surge. The price reached A$0.005 (+25.00%) on turnover of 52,998,125 shares, versus an average volume of 3,236,855. This 16.37x relative volume spike signals active buying or short-covering. We examine whether the move is a short-term flow event or the start of a tradable trend for Poseidon Nickel Limited on the ASX.