FFX 0.00% 20.0¢ firefinch limited

FFX_Chart Only Thread !, page-138

  1. 1,541 Posts.
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    Agreed saw this after the breakdown from 23c. either 2 things will happen 19.5 bounce coming to close the gap circled and then a continued run up to that 27c resistance zone some bull back and upwards again or a further breakdown to raise level or slightly lower.. i have indicated two likely scenarios.

    Some fairly strong selling yesterday (some large million orders) might be punters exiting on news expecting more of a material announcement (it wasn't flagged as material)... also it is interesting to see some major T20 movement, drillers sold some shares, Resolute exited completely and the lithium de-merger going to take months so not exciting for punters without any real off-takers etc in play.. volume is well down and gold is down albeit it bounced overnight but still down 7% last 30 days... Let's see how next few sessions play out and gold price reacts.


    https://hotcopper.com.au/data/attachments/2963/2963729-1a5a042029d6cfb9d5b00f6b4fdf0fba.jpg

 
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