Doing some research against other assets that have macro bottomed and moved up and out already, and are ahead in their PA against FRE, i see APX -APPEN as the closest PA as a replication sequence. A number of ASX listed companies I'm involved in, have had an impulsive move to the high, on completion of the macro bottom sequence, and then have gapped up for there initial move, leaving those that believe they have missed the boat on a bottom entry. Currently I'm still open to a retrace touch lower but as a macro bottom pattern sequence that mirrors APX, we can look forward to more upside and sideways trading in the stair case accumulation sequence i have posted about previously, and then the much bigger impulsive moves to the high in coming months very possible, for FRE macro market cycle run to the high NFA DYOR just a personal view how i see and read the charts and why i am a buyer and holding FRE
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