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TOPIC: Fronterra - FRR

Fronterra - FRR 23 Feb 2017 22:44 #1

  • Trendfriend
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Fronterra daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...xWUhvEKisHghvWnHw%3D

This was a stock that had a massive rally, it went to high too quickly.....now it's race for the exit imho....

I think this is worth a long if it can hold the Aug and Oct 2016 peaks...around the .135p level..if it shoots down to .115p, maybe add second unit here....but only buy if (this but is important) the rsi holds the 50/100 positive level......if falls below 50 no trade......

The rsi has broken the trendline already, it can bounce back if 50/100 level holds.....

I only buy small amounts of these shares the potential moves up make it worthwhile imvho...

as always dyor, wdik
trendfriend :)
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