I can’t say I disagree with you Fens21. Once a market is...

I can’t say I disagree with you Fens21. Once a market is manipulated technical analysis is irrelevant. The manipulators can draw any chart they want. You are just scratching the surface as to why the market isn’t fair though, a breach of s792 of the Corps Act (fair orderly and transparent market) and of the ASX’s own operating rules. Have a look at Kingsgate Consolidated as there is a thread “ASX on notice about manipulation of Kingsgate share price”. It’s a one-stop shop for the ASX and ASIC’s dirty laundry acquiescence to institutional white collar criminals.

https://hotcopper.com.au/threads/asx-is-on-notice-about-manipulation-of-kingsgate-share-price.7248356/

I don’t hold Fenix Resources, but if it’s being manipulated, chances are it’s drastically undervalued. Institutions don’t manipulate fairly valued stocks. Hence my buy/not held.