Will we see the FDL profitakers back into KAL today? I think there is a good chance considering POG is up 2.5% and there are more rumors of a US recession.
Hopefully a strong day today.
Whilst I don't like watching the SP drop IMO the TA is still fair. It appears to be well over sold and now on very light volumes. Watch out though should it break 15c it could slide quickly (looking at the Fib). The 5&10 MA look to be converging.
Low volumes, a big dump yesterday by someone that dragged some others in (most likely needed cash to trade on FDL) and no announcements or speculation.
Next week or so could be interesting. A little nervous about the buyers to sellers ratio ATM. This may change quickly thought in the PO this morning.
where will it go, page-6
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