FML has twice before spiked to 40c but both spikes were short lived lasting a day or two
What makes this time different is the consolidation around the high 30's just below resistance
a breakout through 40c would set up 50c as the next obvious target based on historical resistance as well as the potential flag and pennant formation we have unfolding above
Stock has 30c of cash 2 mills and 5Mozs gold but needs an AUD gold price of closer to $2000/0z to be taken seriously imo
Daytrading March 8 afternoon, page-2
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