First Resources

First Resource has closed at 1.17, it is currently supported at 1.12 (50d EMA) and resistance at 1.23 follow by 1.29.

MACD is currently above zero centerline and RSI is above 50%, so short term uptrend still intact. Overall, chart looks positive.

Enter at 1.17, set cut loss at 1.10. Likely to test 1.29 again.