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23 0 1
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 ...

13 0 1
Fresnillo – Double top on daily chart

Fresnillo, the precious metals miner, is the top loser in the FTSE100 index; down 5.42% at the time of writing. Pattern – Double 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 ...

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