FXR 0.00% 0.2¢ fox resources limited

People, like I've said in a previous post, technically speaking...

  1. 114 Posts.
    People, like I've said in a previous post, technically speaking the sp broke a major trendline when it broke under $1.70.
    From there we've seen lower highs and lower lows which is indicative of a downtrend.
    Such a recovery (in my opinion of course) will take time to surface and not something sudden and instantaneous.
    I will only buy more once the price starts moving above the 30 wk MA with solid consistency.
    Sorry to say but realistically speaking don't be surprised to see it fall towards $1.25 & lower.

    NOTE: The above is purely my take on things from a technical vantage point ... please exercise due diligence wherever possible.
 
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