Indeed, we have see a sell down further with out first target hit at 1.85 today.
Looks set to head towards 1.80 next as drawn in the chart below if this fails to hold as well.
Indicators are still looking weak on this move and more selling expected before we see some short covering....
Be a Client of Joey to be Notified too just like the below. Click here
Hope no one is holding on from last week blindly.....
Recent Email:
Sent: Wednesday, February 22, 2017 9:32 AM
Subject: ***** First Resources: Seeing some selling indeed, price 1.88
Subject: ***** First Resources: Seeing some selling indeed, price 1.88
Sent: Tuesday, February 21, 2017 5:24 PM
Subject: ******* First Resources: More downside likely below 1.89, cautious long., price 1.895
Subject: ******* First Resources: More downside likely below 1.89, cautious long., price 1.895
For illustration purpose only
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