TipTVFinance

Fresnillo – Double top on daily chart

LSE:FRES   FRESNILLO PLC ORD USD0.50
Fresnillo, the precious metals miner, is the top loser in the FTSE100 index; down 5.42% at the time of writing.

PatternDouble top on daily with neckline at 1738

Sliding daily RSI and money flow index coupled with a sharp drop today suggests prices are likely to test the neckline support at 1738 levels.

A day end close below neckline would signal trend reversal on larger scheme of things and open doors for a drop to 1400 (100-DMA) levels.
United Kingdom
United States
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out