FMG Technical Analysis, page-11379

today another red candle after a false start open and L type daily chart
another lower open -15c
another red candle -9c
the lower close below the prior close -24c
another close below 21.80
again the 22 was broken down

SHORTS are in charge
the BULL TRAP has been springing

MY CALL in Feb was a 20-22 annual low, SPOT ON so far.
Its now plumbing around mid 21
I was derided and mocked but proven correct yet again.

However, a ledge has been found around 21.00 - 22.00 and tested a few times this month
Several daily tails have rebounded off 21.00 area back to mid 21s.
the CLIFF FACE has stopped and a floor found.
I still expect zigzagging till end July then rebound DCB in August then new lows in Sept/Oct as usual.

Support is building around this level but the SHORTS aint done yet and may try to break this ledge down like they did at 24.50 - 25.50 in March and April.

Shoulda taken the money in Feb and ran Toombs.