FAR 0.00% 50.5¢ far limited

far chart, page-38

  1. 1,715 Posts.
    Hi MM & atmcf,

    If you read one of my previous posts that outlined 3 scenarios with charts etc, i did talk about there was another gap higher up & to close that gap first, you need some big boys behind you to seriously pump it up. After all, FAR has risen from 3.8c to a high of 9.3, the retail investors are getting very nervous, without fund backing, it's very hard to push through that level. (if FAR was planning a CR either placement or RI etc, then the broker involved may be throwing some big money in there, but FAR doesnt need any cash now).

    So i did see 2 gaps in play, but the market seems to have chosen 6c gap being the most likely outcome & decides to close that gap first. And this is actually good for long run, close lower gap, the charts will look rock solid & im 100% sure the gap above 10c will be the target for next massive run up after a period of consolidation.

    GL to you both
 
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