Thanks Rav,
No new breakout stocks today, but I see that some of the past picks continue to go OK
FWD had a legitimate potential reversal, back on top of previous support today.
I don't actually like the set up for the long run, as it looks suspiciously like a nasty supply event may have happened (although the value traded is not huge...).
That said, even if I am correct, there may still be a trade in there for the quick and nimble traders. Quite often when someone is 'getting out' of a position, there will be a second, but slightly lower high, before any proper breakdown occurs (sort of like the mirror image of a double bottom). So if it reverses, a run back to somewhere between 3.00 and 3.20 is possibly/probably on the cards.
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Thanks Rav, No new breakout stocks today, but I see that some of...
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