While there's no new catalyst it's just trading on technicals. $0.705 was the 1.618 fib extension from Dec swing low. Naturally it's retraced 50% of the move which is perfectly normal. The break of resistance at $0.50 coincides with 0.618 fib and 100dma, this will be bought quite aggressively imo unless there's another bit of news to shift the momentum. I'm in a buy the dips, accumulation phase on FFX at these junctures without news.
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While there's no new catalyst it's just trading on technicals....
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