Whether or not it reaches 6 cents, the post indicates the continuation of a downward trend on FAR.
I posted a precaution in 12/2014 on FAR that its price would be dependent on how the Oil Price would progress. FAR is following the trend on the Oil Price (currently downwards: refer to Oil Chart below). Until such time that confidence returns or other developments occur with FAR. The best strategy is to wait until the trend changes. Until that occurs, FAR will continue to be volatile, unstable & risky. It is important to have STOP LOSS limits/triggers in place for any trade as a part of risk management strategy.
Crude Oil Prices - Live Oil Price Chart, Price Forecast & Analysis
http://www.dailyfx.com/crude-oil
Sell sell!, page-6
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 50.0¢ | $2.305K | 4.609K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17688 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 88712 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |