Nice surprise this morning with our FNX stock as it gaps up some 15% on the opening. Looks like their continued drilling is confirming higher reserve deposits. I've sold a third on this opening pop and will look to add back on intraday weakness if it occurs.
General market has decided that these strong mornings just lead to weak afternoons so they are trying the weak morning approach today. Unless they break the MA though, it doesn't mean much.
General market has decided that these strong mornings just lead to weak afternoons so they are trying the weak morning approach today. Unless they break the MA though, it doesn't mean much.
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