FAR 1.02% 49.5¢ far limited

no ann, page-15

  1. 10,327 Posts.
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    Tight hole my arse. Some holders in FAR have serious short memories. We only need to look back to our previous drilling program to understand the nature of a tight hole - it does not exist. Follow the money flow and sp movements and all will be revealed. As long as there is no high volume selling and short positions not dramatically increasing, all should be fine.
    The TA was very good for friday holding at 7.7 and most important buyers coming in. So further accumulation is ongoing as the buyers arrived at latter part of day. The trick with ta is that follow a test at 8 c (cr) and res zone 7.8-8 it tested 7.7 breached then regained support at 7.7. This is what you want to c a low volume test on retracement followed by confirmation of support. The 7.4 c level confirmed as well on fri. Now the next step is to follow on by needing to breach 8 c and/or Increase in volume will be good but not necessary.
 
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Last
49.5¢
Change
0.005(1.02%)
Mkt cap ! $45.74M
Open High Low Value Volume
49.0¢ 49.5¢ 49.0¢ $4.017K 8.162K

Buyers (Bids)

No. Vol. Price($)
1 19637 49.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.5¢ 10000 1
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Last trade - 13.40pm 26/07/2024 (20 minute delay) ?
FAR (ASX) Chart
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