FAR 2.33% 44.0¢ far limited

Ranges

  1. 326 Posts.
    lightbulb Created with Sketch. 4
    as all stocks trade differently, have their own "personalty", and react differently
    to the gyrations of the market, traders seem to look for repeating patterns.
    these repeating ranges are fairly evident in FAR.

    came across this post from @robbbbbbb explaining these ranges.
    he is looking at the XJO, but it applies to stocks as well.
    https://hotcopper.com.au/posts/20404874/single
    check the post out for his charts.

    Capture.JPG Capture 2.JPG so i thought lets see how FAR shapes up to the range theory, and how traders trade it.


    Capture 3.JPG sorry about the presentation , in a bit of a rush, but you get the idea.
    downranges ,upranges, flat sideways accumulation, rinse and repeat, etc.
    im sure someone can put up a more polished post, ie, weekly ranges
    anncs.  drilling etc, but i dont have time.
    dyor
    anything to get off PEeing in the wind !
 
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Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
44.0¢
  Change
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Open High Low Volume
43.5¢ 44.0¢ 43.5¢ 14733
Last updated 15.04pm 01/05/2024 ?
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