Forum Archive Index - March 2002
Please note usage of the Forum is subject to the Terms & Conditions.
[sharechat] Fletcher Forest Chart
Greg,
The attached chart is of FFSPA, and is virtually identical to that of FFS.
The medium-term downtrend has ended, and the stock is Ranging between 22 cents
and 26 cents. A new medium-term uptrend has yet to begin. There is consistent
support at 22 cents. Because of this, buying at current prices should carry a
relatively low risk, as suggested yesterday by Nick. There has been significant
resistance at 34 cents, so it would not be unreasonable to expect some degree
of hesitancy at this level.
Regards,
Phaedrus.
_____________________________________________________________
Are you a Techie? Get Your Free Tech Email Address Now! Visit
http://www.TechEmail.com
_____________________________________________________________
Run a small business? Then you need professional email like you@yourbiz.com
from Everyone.net http://www.everyone.net?tag
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/