FML 8.00% 13.5¢ focus minerals ltd

looking ok from a chart perspective

  1. 997 Posts.
    Here is an overview.

    Bounced twice of 200 moving average - good
    Moved and held above 50 day moving average- good
    Resistance at 100 day might average - .(77c) - normal for rallies.
    Currently siting on 10 day moving average as support.-good
    35 day moving average nay provide 2nd support at .70/71c
    Bollingers pointing right way up now- great.
    Daily MACD positive - good
    Weekly MACD negative- but beginning to turn in right direction- this may cap any major rally until it is positive unfortunately... Or until a major rally makes it turn positive...
    Daily stochastics coming down from overbought. - means temporary weekness.

    Watch fml fly when weekly MACD turns positive.

    For my money, I am in and buying more if it comes back to .70c but it may find support above that.


 
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Mkt cap ! $35.81M
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13.3¢ 13.5¢ 13.3¢ $441 3.298K

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1 3048 13.0¢
 

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Last trade - 11.04am 29/07/2024 (20 minute delay) ?
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