Fresnillo – Double top breakdown

Fresnillo is down 3.61% today and is a top FTSE100 loser.

The daily chart shows –

Double top breakdown
Money flow index approaching oversold region for the first time since November 2015
RSI is approaching oversold region for the first time since July 2015

Overall, prices appear on track to test 1500 levels ( 100-DMA ), although a minor pull back once indicators hit oversold territory cannot be ruled out.

Bearish invalidation is seen only once prices see a daily close above neckline level of 1738 levels.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out