Id watch this levels intently and wait for confirmation of support at 6.8/6.9 and graduating along trend line from mid 5s low to recent 6.6 level. Ideal scenario is to hold the uptrend. We have a few weeks for the next phase to really kick in so bearish stimulation is working. Still low vol considering the bearish sentiment in oil and the market in general. Watch n wait but most importantly dont panic. I have substantially reduced my holdings at 8.4-8.7 levels but now looking to buy back in at these levels. Patience is required to get the timing right. Panicking aint gonna cause the sp to fly. In fact it will cause people to sell to the traders and ST investors like myself. So for a FA investor consider why u invested and stick to your strategy with capital management plans. TA just wait.
FAR Price at posting:
7.2¢ Sentiment: None Disclosure: Held
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