{australien_flagge}After the crash on February 22, the share price of FYI Resources (WKN A0RDPF / ASX FYI) formed the relatively narrow rising blue trend channel, in which it has currently already gained 50% from the low. A first resistance could be the gray line, which can be derived from the rebound high shortly after the crash. Above it, the round mark of 0.10 Australian dollar and the two currently falling average lines would come into view.
{australien_flagge}After the crash on February 22, the share price of FYI Resources (WKN A0RDPF / ASX FYI) formed the relatively narrow rising blue trend channel, in which it has currently already gained 50% from the low. A first resistance could be the gray line, which can be derived from the rebound high shortly after the crash. Above it, the round mark of 0.10 Australian dollar and the two currently falling average lines would come into view.
The MACD indicator generated a chart-technical buy-signal (blue line crosses red line upwards) at the beginning of March, which has not been cancelled so far. The Directional Movement Index is very positive – the green line is increasingly moving away from the falling red upwards and the blue line, which indicates the strength of the trend, continues to rise. Yesterday, the trend confirmer also managed to jump back above the neutral 100 and is now also in positive territory. The Money Flow Index (relative strength RSI weighted with the turnover) is still rather neutral, which runs sideways in the area of the neutral middle at a little over 50, but has now been able to gain a little again for a few weeks.
Source: Comdirect
Disclaimer: GOLDINVEST Consulting GmbH publishes comments, analyses and news on https://goldinvest.de. These contents serve exclusively the information of the readers and do not represent any kind of call to action, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. Furthermore, they do not in any way replace individual expert investment advice and do not constitute an offer to sell the stock(s) discussed or a solicitation to buy or sell securities. This is expressly not a financial analysis, but an advertising / journalistic text. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. There is no contractual relationship between the GOLDINVEST Consulting GmbH and its readers or the users of its offers, because our information refers only to the company, but not to the investment decision of the reader.
The acquisition of securities involves high risks, which can lead to a total loss of the invested capital. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research. Nevertheless, any liability for financial losses or the content guarantee for topicality, correctness, adequacy and completeness of the articles offered here is expressly excluded. Please also note our terms of use.
According to §34b WpHG and § 48f Abs. 5 BörseG (Austria) we would like to point out that GOLDINVEST Consulting GmbH and/or partners, principals or employees of GOLDINVEST Consulting GmbH hold shares of FYI Resources and therefore a conflict of interest exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares of the company at any time. Furthermore, GOLDINVEST Consulting GmbH is remunerated by FYI Resources for reporting on the company. This is another clear conflict of interest.
