FYI - charts/technical analysis, page-552

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https://goldinvest.de/weitere-meldungen/ceos-at-work-praesentiert/fyi-resources-ltd/chartcheck-fyi-resources-chance-auf-umkehr

Since the start of the price crash in October 2021, the share price of FYI Resources ( WKN A0RDPF / AXS FYI ) has more than quartered. At AUD 0.14-0.15, the price has now arrived at a level (thick gray line) that has successfully acted as resistance or support several times since 2018.

The course is now very far away from the falling average lines (especially from the green 200-day line) - a technical chart situation that usually never lasts for too long.

The indicators shown could also point to an imminent turnaround (this could be in line with the end of Tax Loss Selling at the end of June).

The Chaikin Money Flow indicates decreasing cash flow out of the stock (green line) and is about to turn positive again (green circle).

The stochastic indicator is trading in extremely negative territory and has made a small upward swing (circle). The trend confirmation indicator is also extremely low (in the last 5 years there have only been 3 x lower values) - at least one can state that it is currently not falling so steeply.

The upward potential initially extends to the round mark of AUD 0.20, after which the two averages and the thin gray line (at around AUD 0.30, derived from highs and lows since 2020) come into view.