FML 9.09% 18.0¢ focus minerals ltd

Ann: Appointment of Chief Financial Officer, page-15

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  1. 6,072 Posts.
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    Im not convinced the selling is being done by LM3.. we havent seen a change in holding in soem time, and if it were them creating the supply, I would have thought we would have reached that threshold.
    The volume spike as we came up through the mid 30's are probably the ones who sold into the news of upgrades and financing.
    Top of the previous wave was 30.5c, we have now done a 61.8% retrace on this wave, I have to say I didnt think it would drag out this long, but here we are kissing the lower trendline of the channel top wave one through high low of wave 3

    https://hotcopper.com.au/data/attachments/2703/2703411-17c2509532be13c18ba6d844119c6737.jpg


 
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