FGR 5.56% 5.1¢ first graphene limited

Hi @estate09, Yeah, I'll add to Yowie's and DarkCloud08's...

  1. 136 Posts.
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    Hi @estate09,

    Yeah, I'll add to Yowie's and DarkCloud08's commentary... IMO, bullish sentiment on my previous chart still remains, see https://hotcopper.com.au/threads/fgr-charts.3770286/page-112?post_id=33534121#.Wztw7NX-iPs. Timelines are also intact, July and August still in play. Recent volume is exciting and one of the first indicators to drive SP movement. Yes $0.215 was the all time high and we retested recently and couldn't push through creating a strong resistance level.

    The chart I've attached here, shows the last year. Let me point out that if you invested this time last year and gotten in at $0.06 to today's $0.17 providing a yearly return of 64.71%! So if you had invested $10,000 you would have in $16,471 now.

    Anyways, continuing with my bullish sentiment, so if you follow my orange predictive line. I hope to see a cup and handle forming. With the cup piercing the resistance level at $0.215 (third time lucky aided by a sales agreement or two) and the handle retracing back to the $0.215 level which will become the new support level and a re-rate rally of 100% to at least $0.40 as per my previous chart.

    This is just the ramblings thoughts of a bullish/bias holder, so take it with a grain of salt as the complete opposite may also occur. But the chart is there.

    Cheers. 20180703_FGR.PNG
    Last edited by atari: 03/07/18
 
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