FXJ 0.00% 66.0¢ fairfax media limited

Sorry to hi-jack the thread chaps.But im starting a "sizing up a...

  1. 699 Posts.
    Sorry to hi-jack the thread chaps.

    But im starting a "sizing up a long trade" theme

    {for previous examples of "sizing up a long trade" see TLS(sold), HVN(holding) & SBM(holding)}

    FXJ has come up on my radar as a long trade.

    FXJ is consolidating in a range below resistance @ 1.63.

    Breakout is pending, and will challenge resistance at 1.63 and i believe break it.

    Minimum price target is shown.

    Price break of 1.555 will bring in some puunters, price break of 1.63 will bring in the minions...dont get caught in the stampede.

    Im on board today, stop at 1.39.

    Good luck all holders, show me da moneyyyy!!

    Photobucket

 
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