FYI A Clear Path UPASX: FYI – FYI RESOURCES LIMITED
Fundamentals – FYI has developed a process to create 99% High Purity Alumina. This can be used in many things including making LEDs, electric cars, racing parts. Etc.
The share has started OTC(Over the counter) trading in UK and about to become available to the US markets. This surge in demand for the stock should see some great price action soon.
Technical Analysis – FYI has been on the bullish uptrend for several months. We currently have a bullish pendent forming and with the upcoming OTC commencement happening the states we should see this push up to the target zone. Please DYOR when looking at this.
CCM trade ideas
FYI:ASX - FYI RESOURCES - 500% 3 month runFYI has been having a strong run. Had a fairly volatile second day off a previous massive day so will be interesting to see which way it heads tomorrow. Will keep an eye on it.
FYI Resrouces breaking out of 5 month bear channel?FYI Resrouces trying to break out of downtrending channel established since late March. This channel had a peak of 0.18, current low 0.042.
Break out of channel is accompanied by a current re-test of historic 0.07 price level.
Confirming breakout of the channel and turning the 0.07 level from resistance to support would result in a bullish 50/200 golden crossover.
Potential price targets:
Most recent high of 0.115, channel high at 0.195
