FTE could be gearing up for a big move.
* chart shows the importance of the 12.5 cent level has tried to close above this. 3 times has broken the level and failed to close above.
* Needs a strong close above resistance to confirm the Break out.
* Volume is good and placement is out of the way - Media reports could provide momentum to break strongly.
* Look for the MACD to decisively cross up and the run here could be very significant.... i feel this has soaked up enough time consolidating for another big move to take place.
* Has been consolidating in an uptrend for some time as shown by the bounces off the trendline and the 20 period MA.
Some good coverage today regarding Areva interest and imminent JORC release...all looks good.
Good Luck.
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