From TA perspective, it depends if the Market sees the current...

From TA perspective, it depends if the Market sees the current tops as a head and shoulders or not.

There is a slight looking right shoulder, but the market may think it needs a proper right shoulder.

If thats correct, it may bounce off 2.40 level for a fake break, right shoulder and then south in a big way.

But based on the Volumes being light and being such a stretch above the previous trading range, I tend to think $1.80 just looks way too much of a juicy Target.

Shorting is allowed, and some days have had 50,000 short volume in a day, on shortman.com TTT.

The FA is awesome, not taking anything off the potential, but TA it looks like more downside.

Plenty of good stocks on the ASX, like CBA and FMG, they earn a Tonn of cash.

But there is time to buy and time to sell and thats with all stocks even BHP,

Thats why with even the best stocks, its always good to have the chart in your favor as well.