IMO, FER went up too quick on the 12th, and seems to have formed...

IMO, FER went up too quick on the 12th, and seems to have formed a descending triangle as the price levels off a bit and people take profit.. Seems to have also formed resistance at 2.5 = GOOD.

Looking at the upwards move back from the 9th and the 2nd of August, there is potential for a bounce up to 3.5. Either way i wouldnt be surprised to see it above 3 tomorrow or by Wednesday. 2.9/3 probably next support level. IMO...