What is the best entry and stop for an oversold bounce in FTL.AX stock?

A conservative entry range is A$0.105–A$0.11 with a stop below A$0.095. Use volume confirmation above A$0.12 before increasing size. Adjust risk to your position size and time horizon.

How does Meyka AI view FTL.AX stock?

Meyka AI rates FTL.AX **58.32/100 (C+) — HOLD** and projects a 12‑month model price of A$0.1039, implying about **-5.55%** vs the current A$0.11. Forecasts are model-based projections and not guarantees.

What fundamentals should investors watch for Firetail Resources?

Watch exploration assay results from Paterson and Yalgoo, cash per share (A$0.03), EPS (‑A$0.03) and any capital raises. Positive drill results would materially change valuation and price targets.

Which price targets make sense for short-term traders?

Short-term targets are A$0.12 (near-term resistance) and A$0.15 (prior high). Use tight stops and scale out quickly if volume confirms breakout above A$0.12.

AU Stocks

FTL.AX Firetail Resources (ASX) A$0.11 pre-market oversold bounce 03 Feb 2026: Watch A$0.12 resistance

ByHuzaifa Zahoor February 2, 2026February 2, 2026

FTL.AX stock opens pre-market at A$0.11 on 03 Feb 2026 after heavier-than-average volume where buyers stepped in near the A$0.10 area. The combination of a high relative volume 1.99 and a pullback from the year high A$0.15 sets an oversold bounce trade idea for Firetail Resources Limited (FTL.AX) on the ASX in Australia. Short-term traders can watch the intraday range A$0.10–A$0.12 and manage risk around the recent day low of A$0.10 while noting the company’s exploration focus in copper, lithium and nickel.