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20.0¢ firefinch limited

Hi insaf, Yesterday was more consolidating at these levels,...

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286 Posts.

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03/03/18

08:43

Post #: 31497913
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Originally posted by insaf ↑

You forget many bought in the 40s and have made a good profit. It is all about momentum. However, from a TA perspective it was due for a retracement once the immediate uptrend was breached as trailing stops and stop losses become activated. The short termers that helped propel it up will always take profit.
However, excessive delays in announcements is not good - sure it provides an opportunity but it can also bode short term news which is disappointing.
i hope you remember the delays in announcements with the first management team that almost resulted in bringing this company to the brink.
Major support is in the 58-60 zones based. Some consolidation at these levels is a positive.

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Hi insaf,

Yesterday was more consolidating at these levels, further strenthening our foundations. Particularly supporting our long term holders. I haven't been keeping tally of the volume here but from your perspective, how is the base shaping up? And from here?
I would appreciate your thoughts. Its getting like a drive in the car with the kids....how far now? Hahaha
Ttu

BGS Price at posting: 58.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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