FML 3.70% 14.0¢ focus minerals ltd

has the rot set in?, page-18

  1. 345 Posts.
    Hello CW, I stand by what I've stated - this "I heard from someone important" stuff to underline a point is quite unnecessary. Your rather unique closeness to this company hightens the potential for that to be miscontrued. You are an 'insider'

    As for my sell sentiment, my personal techniques are chart based predominantly and more medium term trade focussed (1-6 mth holds). The medium and long term trend for FML has been down, regardless of measure (price cannot break downward 50 day MA, boll bands are re-expanding for this next downward phase, accumm/distbn continues it's strong negative tangent, etc).

    I find the strong support crew in here interesting and mostly positive but the howling down of negative comments is irksome as no matter which way you cut it the story of FML to date is not good for any long term buyers over the last year and a bit.

    For my sentiment to change, the first stage would need to be a consolidation here, then break thru of 5.1c, and a retest of 5.1c with above ave volume. Otherwise, it stays on the interesting but not yet watch-list

    No animosity CW, just adding another perspective to the discussion.
    cheers W2
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $40.11M
Open High Low Value Volume
14.5¢ 14.5¢ 13.5¢ $12.79K 91.36K

Buyers (Bids)

No. Vol. Price($)
1 60148 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 14983 1
View Market Depth
Last trade - 15.59pm 19/07/2024 (20 minute delay) ?
FML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.