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[sharechat] FBU Chart


From: "Nick McCaw" <nick.mccaw@golearn.co.nz>
Date: Wed, 10 Apr 2002 03:42:16 +1200


FBU does look quite tradable at the moment. There is a very good chance that the price will test $ 2.75 again before moving up. This stock tends to trend consistently. Less aggressive traders might choose to wait for a slightly higher low in the chart before deciding that the trend has changed. As always, consider the upside potential and be sure to have a disaster plan in place. An immediately obvious stop loss level might be $2.75 following a confirmed change in trend.

 

PS, Did anyone start looking into gold stocks?

 

Regards Nick McCaw

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