closed as a lower red doji 23c neck 3c tail
opened -38c lower
meaning closed near daily lows and the daily highs were rejected
the daily chart was a bearish rounding top pattern
a sharp drop in 5 days 1700 to 1550
CLIFF FACE formed again
1500-1550 area ledge is the SHORTS target, maybe even the 3 year lows around 1420-1450
not far from the 3 year lows now
may test this area again during bear season
annual chart looks horrid
july & Sept lows seasonal with DCB in June/July
needs to find a flooring pattern with reversal candle, nowhere in sight atm.
BUYERS wait for the floor and rebound
SHORTS keeps making motza here
Wait & see imho
FMG Price at posting:
$15.51 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)