FTL.AX Firetail Resources (ASX) A$0.11 24 Feb 2026: Oversold bounce may attract buyers

FTL.AX stock closed at A$0.11 on 24 Feb 2026 after higher-than-average volume left the share price near short-term support. Volume finished at 1,881,323 versus an average of 943,247, suggesting a capitulation day that can precede an oversold bounce. Traders should note the stock trades above its 50-day average A$0.09 and 200-day average A$0.07, while the company remains loss-making with EPS -0.03. This article outlines technical triggers, valuation context and a concise trade plan for an oversold-bounce setup on Firetail Resources Limited (FTL.AX) on the ASX.