Looks like FDL has a potential double bottom as it kicks up from .014 a few days ago, to a hi of .02 yesterday.
NEWS of the day will likely see it re-rated much higher if there is real substance behind the initial good news.
Price/selling resistance will be around .018, then .02, then .022 in the short term of the next few days.
I am encouraged by the fact that FDL leader K Wills was part of the team who discovered and developed the discovery of the now great ARGYLE mine.
Technically speaking, I think we should have some confidence in this man - it seems to me, that he is our best guide if we are to enjoy a real commercial diamond find like Argyle.
Rome wasn't built in a day and neither will this find be proven in a day... but I think it will happen - it wont happen overnight - but I think it will eventually happen.
- Forums
- ASX - By Stock
- FDL
- technically speaking
FDL
flinders diamonds limited
technically speaking
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online