FSL fast scout limited

close on 50% fib retrace.

  1. Newry2
    2,927 Posts.
    lightbulb Created with Sketch. 11
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    13/10/05
    17:44
    Post #: 1174014
    G'day,

    For those who see beauty in symetry, the FSL chart is a masterpiece.

    Todays close of $0.11 is the 50% retrace from the rise of $0.01 to $0.21. It is also the 38% retrace from its closing high of $0.17.

    All of this has happened on negligable volume after the stock has been suspended for 2 weeks with a few, I am sure forced out by brokers wanting money.

    As a technical trader I like this very much.

    New highs.


    All the best
    FSL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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