Something is happening in $FSR HQ and it doesn't appear to be good news.
A second CAO resigned in 3 weeks this week, so this is not a good sign and the market is going to town on this now, excessively but taking advantage.
We do not know what is going on here but I suspect there are internal issues amongst the highest levels of management.....CEO and CFO are married....this may not be the best dynamics to work in.
I am only speculating here because we do not know.
All we can do is see where support can be found at this stage.....it is in a straight forward channel here and touching the lower level now, $1.91 is the bottom for this channel.
RSI is now at 12 too, so this is at extreme levels.
$FSR needs to stop the bleeding.
Gareth Neary
2023-11-22 20:11:36 +0000 UTCRene
2023-11-22 19:42:46 +0000 UTCFrederik Dalgaard
2023-11-22 08:07:26 +0000 UTCBlake O
2023-11-21 18:47:47 +0000 UTC