Good post Bright Eyes, where does your TA see fdl going from here? Do you think it's bottomed out quite yet? I think technical analysis helps a bit with a stock like fdl....but I think mass psychology currently has this stock in it's grip, so it certainly has plenty of room to yo yo. With a vwap of 8.84 and a closing price of 8.5 it might not have finished sliding quite yet.
Over all the prospects for fdl are still great and fdl will be back at 12c within the early New Year I'm sure if not sooner if fmg discovers more iron ore south of fdl.
Merry Christmas
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