Constant seller still at it at 42c. i must say though that there were a few 100K off screen buys accumulating today also. How many more shares this seller has to sell is anyones guess but I dare say the share price will move quite quickly once the selling stops. 20M shares traded over the last three weeks which is almost 10 percent of the issued capital. Trading over the last two weeks has occurred between 40c and 43.5c the latter which was today's high. Technically the RSI is showing extreme bullish divergence, the ADX has triggered a buy and the stochastistic is beginning to curl back up. A break above 47c would signal a break out with an initial target of 57c!
FXL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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