FAR 0.00% 52.0¢ far limited

should i buy more far?, page-22

  1. 1,095 Posts.
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    Interesting thread! I don't have any preference for or against holding FAR, just thought I'd share my view. I think FAR is an excellent long term play although I personally would not be buying in at this stage just purely from a technical stand point.

    We have what appears to be the development of a decending triangle which could result in some downward pressure in the share price within the short to medium term. Looking at the longer term picture, however, the recent development of a large gap between 5.8 and 12 cents will likely require filling at some stage.

    So, in a nutshell, probably best to sit on the sidelines until confirmation of where it's heading before considering any ideas of accumulating. Only my humble opinions of course. Good luck.

 
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