Fresnilo

Wreckless Eric wrote: With both 1200p & 1100p gone today, your 983p or lower looks likely, but as you suggest don't cathch a falling knife, current sp 1076p.

Where does the 983p come from, I see (902.84)903p(-61.8%) and 1153p(-50%)

Still on my watchlist for now.

983 is the next support for fres now..



support...983,,,935

Heres the 1 min chart for the day..
you should be able to see that it did not gap down after the open.
City index has a habit of ripping people off.

Can someone please check if this share has gap down again a bit later after open up?
It filled my order at 1255 (set for 1260, what is ok) but I had a stop loss on 1250 which did not activate for some reason till it got to 1226,so I ca't inderstand why they sold it at 1226 and not nearer to 1250?
I am with City index and very often they do things like that to me, I keep contacting them and they correct error for me but it gets annoying when you have to watch them all the time
Thanks

Check the supports levels between the 50 and 61.8 fibs and you'll find the level. At work at the mo so can't post other than brief;)

With both 1200p & 1100p gone today, your 983p or lower looks likely, but as you suggest don't cathch a falling knife, current sp 1076p.

Where does the 983p come from, I see (902.84)903p(-61.8%) and 1153p(-50%)

Still on my watchlist for now.

I have no wish to put you off a trade but I can see this easily going to 983 ad possibly a little lower. For it to stop now would mean the correction is a flat but my indicators have not yet bottomed out. I think it would be safer to wait for a bounce rather than trying to catch the 'falling knife', but that's just a personal view so do your own thing and be lucky.