FEA forest enterprises australia limited

has this been oversold?, page-7

  1. 10,605 Posts.
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    Hi commy, I was a buyer of quite a lot of FEA stock at 33.5c but sold it back to traders at higher levels Thursday. I'm not saying that that wasn't a legitimate support and it could move much higher of course but lots of stock are consolidating and were FEA to make a healthy new base I think it would be closer to 28c - ie this looks like a full on retrace.

    But as gse knows re my earlier wrong predictionfor a GTP retrace - these forestry stocks are proving mighty bullish......
 
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