FRX 12.5% 0.9¢ flexiroam limited

this is simply one of the best technical charts for a sub 3c...

  1. 309 Posts.
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    this is simply one of the best technical charts for a sub 3c stock I've seen in a long while. my shitty TA is here for anyone that's interested.

    an undeniable inclining trading range, 2 technical breakouts - both of which have come back to re-test the trading range lows but then bounced again.

    see what sort of momentum this latest break through 3c, but the placement shares should now have been soaked, sellers are disappearing and buyers are lining up. feels like it's very coiled

    i loaded up at 2.7c last week. if i had more spare capital i'd have loaded up again.

    still only a sub 20mil market cap, plenty of liquidity.

    perfect time to enter this one in anticiaption of next year.

    All IMO FRX 15Min.JPG
    Last edited by sentient17: 02/12/20
 
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