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Re: [sharechat] FBU Chart


From: "ryanrite" <ryanrite@xtra.co.nz>
Date: Wed, 10 Apr 2002 18:32:15 +1200


Have a look at TKR Aussie company that has no debt.
Charts going up and up
Sitting on good grade of gold and cheap to get out
Low PE
Down side if Aussie dollar goes up
What do you think Athol
----- Original Message -----
From: Nick McCaw
Sent: Wednesday, April 10, 2002 3:42 AM
Subject: [sharechat] FBU Chart

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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