Forum Archive Index - May 2002
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RE: [sharechat] FBU Chart Update
Phaedrus
Looks to me like FBU has a newly established downtrend (descending triangle
with crucial support level at 2.75). Concur?
CW
-----Original Message-----
From: Phaedrus [mailto:Phaedrus@techemail.com]
Sent: Tuesday, 23 April 2002 4:37 p.m.
To: Sharechat@sharechat.co.nz
Subject: [sharechat] FBU Chart Update
Peter,
Yes, I am still holding FBU. Nothing has happened yet to negate the
RSI buy signal. The two things that would cause me concern are :-
(1) A Close below the support level of $2.74 and/or
(2) A Close below the medium-term trendline.
Phaedrus.
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