FFX 0.00% 20.0¢ firefinch limited

Fairly basic TA at the moment, moving averages and other...

  1. 262 Posts.
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    Fairly basic TA at the moment, moving averages and other indicators (RSI, MACD) look borderline bearish. It seems we are on a key point on the chart holding 0.382 fib retrace at 23c. Lower than this could cause a gap fill to 20c but that is just a buying opportunity. I am hopeful that the next run will begin to rerate above 30c. The fundamentals of the stock are so strong that any short term pullbacks do not worry me, I am estimating that for the 2022-23 financial year earnings could be as high as 15c a share. Not a bad yield you could sayhttps://hotcopper.com.au/data/attachments/2946/2946081-ee2dc578b41ca1728d13f69dda19105f.jpg
 
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Currently unlisted public company.

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