I do believe comparison will work sometimes.
FAR is a very active trading stock, it has a couple of roller-coaster. The comparison with similar position of NDO may provide good thoughts where FAR will head in the future.
THE STOCK NORMALLY OVERREACTS THE BAD ANNOUNCEMENT.
-First day will be dumped substantially at high volume,
-Second day will continue dropping but at SMALL loss
-Third day will recover some or over 20%
PXS, NDO, etc. You can find quite a few actually follow this pattern.
Today - second day and Friday and RED market, NDO tried to bounce but closed 0.1c lower than first day's. It is very strong imo.
Short term very bullish, long term would be head back to 8c.
look far ahead, page-5
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 51.5¢ | $289.9K | 557.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1960 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 103276 | 2 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |