Interesting thread! I don't have any preference for or against holding FAR, just thought I'd share my view. I think FAR is an excellent long term play although I personally would not be buying in at this stage just purely from a technical stand point.
We have what appears to be the development of a decending triangle which could result in some downward pressure in the share price within the short to medium term. Looking at the longer term picture, however, the recent development of a large gap between 5.8 and 12 cents will likely require filling at some stage.
So, in a nutshell, probably best to sit on the sidelines until confirmation of where it's heading before considering any ideas of accumulating. Only my humble opinions of course. Good luck.
should i buy more far?, page-22
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 48.5¢ | $30.20K | 61.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18945 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 6324 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |