FGE forge group limited

fge chart shake and take

  1. 908 Posts.
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    The rocky trading day yesterday was the work of experts shaking the tree to clear the loose branches of nerves traders/investors.

    Especially the last hour of the day was the real shake and take taking place.

    Either way the chart is looking very bullish and the market depth is also looking week on the sell side, it has been for the last week.

    See the chart below its forming a nice compression triangle to brake out of, my guess is the move is north, chances are the shake and take may continue for a bit longer or be repeated higher up.




    DYOR
 
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