FML 7.41% 12.5¢ focus minerals ltd

fml - looks weak, page-17

  1. 624 Posts.
    4LC, I don't mean to be rude but I just reviewed this thread and your comments. TA is not my strong point but when I review your posts it seems to me that you are saying if the SP goes up it's bullish and if it goes down it's bearish - You also said that a bullish signal would be break and close above 6c (which it did).

    So, someone following that strategy over the last week would have bought in at 6+ cents and now be holding a paper loss.

    And you keep saying that you will consider and entry if it breaks down to 3 to 4c (your post on 17/11) or 4c (your post on 22/11). In today's post you say you're going to enter if it falls to 4.4 cents.

    I'm wondering in six months if you'll be waiting for the retrace back to 15 cents before you consider entering.

    My advice would be to do some work on the fundamentals in addition to your TA.

    Cheers,

    C12



 
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