Hey spid,
Apologies for the belated reply...life sometimes gets in the way of FGR
My view of FGR is always bullish too...but at the moment we have all the reasons to be...new All Time High of 33c...excellent volume lately, after so long of getting sold down at the end of the day we now get bought up at the end of the day, 8 out of the last 9 sessions we have finished on the high which means a lot, exactly what I'm not sure but it's got to mean something and something good...someone wants it and is prepared to pay for it...there's evidence that the brokers are still playing games with it but my good mate 7000 seems to have disappeared lately, maybe that's why we're going up...I'm sure the exposure in the American report has really helped
Some quick charts...
Daily
I can't remember ever seeing 12 green candles in a row, it's a beautiful thing
Weekly
Showing how we broke through the previous All Time High of 32c back in mid June 2020...also showing what happened when all MAs crossed over 10 weeks or so ago...it's also a beautiful thing
Where is it going to stop ? Who knows, but it's important to set targets, exercise some discipline when it gets there, not like I did last year. Someone recently mentioned Paper Profits...all of us are now sitting on paper profits and they will remain that way until some shares are sold and the profit is in the bank...something to think about
Until then let's just enjoy what's happening and look forward to more
Cheers,
