Fred outliers do occur on charts like the fat finger day on the DOW when it fell 1000 points but I tend to try not to second guess these things - the chart is the chart and all the market sentiment is there to see that is why over time F/A reflects T/A
Overvalued stocks get sold down and undervalued ones get bought up - I suspect we need to get above horizontal resistance which is now the double top at 74c - once it can close above that it will have another crack at 87c and above.
Probably a shame it didn't trade a couple of shares at 59.5c instead of 60.25 to close the top gap but im not totally sold on gaps always being filled its not one of my primary T/A indicators -
Fred outliers do occur on charts like the fat finger day on the...
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