Today the swing will be less, but non the less the volatility will provide another buying opp and selling in the resistance.
Either it'll gap up or consolidate. The market cap is $89M, and based on the announcement seems like a lot to go. Since it's only "target only", comes with some risks, so need to be balanced.
Any stocks, no matter how good the ann is, will normally consolidate for 2-3 days.
If you've been trading for years, you'll know that TA will give you a better picture of where it'll head to.
Today's run reminds me of CDU and WMT.
cheers
- Forums
- ASX - By Stock
- FDL
- ta
FDL
flinders diamonds limited
ta, page-6
-
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)