FRX 4.35% 2.2¢ flexiroam limited

FRX Chart, page-200

  1. 6,674 Posts.
    lightbulb Created with Sketch. 1552
    There's a couple of price sensitive areas we need to be wary of.

    5.8 ... FRX had trouble there on 2/3, 3/3, 18/3, 19/3 and 22/3
    7.0 ... No less than nine occasions it looked at getting, and staying, above 7.0 cents. This is the most obvious spot we could struggle to get through.
    9.5 ... It's previous high
    12.5, 13.5 and 14.5 for the extremely optimistic ... the fib extensions

    Been a bit of a struggle lately, but I'm prepared to wait it out ... it would be just my luck to be on the sidelines and a big announcement would drop.

    Good luck, I'm looking forward to the next month. 7 cents would give a 50% return on current levels ... better than bank interest. It would also represent in dollar terms an investment amount beyond which I'm comfortable with (fails the sleep test), and I would gladly lock a few profits in at that level, and reduce my exposure a tad.

    https://hotcopper.com.au/data/attachments/3101/3101606-7f373a02e982cbe56b9dfd8a5c17911e.jpg



 
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