13-14 november weekend charting, page-64

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    FMG - it's been going well recently, but a look at the Monthly tells me that things could slow down for a while. An interesting point is that the range it has completed is quite similar to the range a few years back before it stormed away to $12. Maybe look for a retrace off the top of that channel, and then some sort of continuation pattern in a few months time if it wants to go to higher highs.



    CRC - it will probably consolidate around these prices for a little bit longer but look for a break off the line on the stochastics for a buy signal in, I'd say, around 2 weeks time.



    SBL - I like the story with this one. As for the chart well it might run into some resistance around the 3.4cent level this week. It has just about repeated the 0.9c range that has happened a fair bit on the charts, and the parallel line taken from the all time high could be run into this week. Maybe look for a good technical buy in the mid 2s. Ironically when I look at the fundamentals, I think it's worth a fair bit more than current prices, but sometimes it takes the market a while to wake up to these things.

 
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