I'm learning too. I think we're trading in a very different market since the spike up to 32c. The big sell off on thursday was reflected by a 0.5c dip, the news caused a gap up and the price has moved up and down testing the gap then testing slightly higher. Volume is fairly low so we have a bit of a stand off with holders and buyers in a spooked market, holders valuing their shares higher than what the market wants to pay for a still speculative emerging product. Sales announcements are obviously what the market needs to see. If it breaks up we may see some interest gather from investors and traders who use TA, if it breaks down they will look for support All in all, I try to look at it as a tool to see what has been happening and what other people might be looking for. At the end of the day, the market decides what happens
FGR Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
