price and time possible bottom for fml , page-3

18/06/08 14:31 (View) Back Post Reply
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Post #: 3012451
In Reply to msg: #3011952
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Sentiment: LT Buy
Disclosure: Stock Held
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Long term support at 3.9/4c.

I still believe 4c will hold,or it may touch 3.8 or 3.9c at lowest before bouncing back.

Accumulators look to be lining up there to pick up their cheapies.

Only 8 trading days left of financial year.Will need some massive market falls to see 3.5c.



Make that 5 trading days.

I do see that support lining at 3 trying to coax s.p. down there but just don't think there will be enough sellers sub 4c to push it down there.
But be our guest,as many will be waiting down there looking for a quick swing trade if it goes that low.
Alot depends on if market gets punished further this week.