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.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out