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slygorilla

366 Posts.

24

17/12/20

23:50

Post #: 49666532
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Originally posted by kiwijuice: ↑

Hey mate no idea of FA here so don't put any weight on my analysis

Purely technically, has found support at the 50% fib, Note the high volume days with little price movement after it dropped considerably from the recent high - reads like strong well executed accumulation to me, last 3 candles - dojis, 4 in a row is a pretty rare site so i wouldnt be suprised to see this do a >10% day tomorrow, which direction ? Id say its more likely to be positive than negative, but that completely depends on FA as broader market looks like its about to get smashed so anything fundamentally weak will suffer. Best wishes.

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much appreciated as always!

FFX Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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