FGE 0.00% 91.5¢ forge group limited

Ann: Forge to acquire CTEC , page-14

  1. 92 Posts.
    No doubt some of the basic applications of technicals dont apply for certain stocks due to liquidity issus and M&A activity. I am relatively new to the area so nothing I say is bible just a beggers opinion. I dont think all charts look horrible. This is one of them. I do think it will close that gap though, sellers currently in control and people cant help take a profit of the table. Heavy resistance now at $5.5 given there were a lot of sellers at last recent attempt. I also see CCP and MTU as other great charts in the making and fundamentals are sound as well.
 
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