FDM 0.00% 1.1¢ freedom oil and gas ltd

pessimism overshot, page-23

  1. 11,400 Posts.
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    As I said earlier,

    Volume tells it all.

    stockplaya is expressing his hopes with no substantial backing in fact. He is neither expressing TA, FA, or proper GAPS analysis of this stock, just where he wants to buy at and furthermore he hopes that posting on here will make some people sell now to further his own motives.

    Buyers -> sellers ratio today started at 1:1 (1.7mil to 1.65mil respectively) and buyers have been climbing all day and now sit at (2.7mil to 1.69mil respectively).

    MAD has always followed buying vs selling pressure depth.



    Look at volume, more people buying up than those selling down, this is a positive sign that this stock is sought after.



    5 day chart @ 10min also shows similar fact, the downtrend has very little stocks exchanging hands where as the buying trend has huge volume.

    This stock is still greatly sought after and will steady prior to announcement IMO.

    Also, with huge support at 1.2, (Original GAP) its unlikely to ever hit 1.14 which wasnt even a gap to begin with.

 
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