Am not very strong on TA but would be interested to get your ideas on price drift that will likely accompany yesterdays revelations and where thoughts are on sweet spot opportunities.
I know this is not the charts thread but it would be great to get some ideas from @Saragian and others skilled in the dark arts of TA, on the state of play technically either on this thread or the other.
Thinking anything low 40s is good, say 40-43, I’m not sure we will go back to the 30s but having said that, my predictions on this one have been wrong so many times before that it’s pretty embarrassing for me amongst my family and friends.
Heck, I am still of the belief that anything under $1 is great value but won’t say it in public anymore for fear of a broken nose. Fortunately you don’t get that on a forum like this.
Can’t afford or justify buying more north of 50 at the moment, will however accumulate in the low 40s and lower if that’s where we go.
All IMO
FLC Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
