FAR 2.00% 49.0¢ far limited

Vicious J curve theory, page-36

  1. 6,499 Posts.
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    Tony, I'm unsure why the attacks especially since I agreed with your theory in large part. Regardless I don't use HC for slagging matches so I'll not respond in kind.

    No I'm not a TA type, neither am I a FA type, there are merits to both however most importantly I understand that TA is merely a reflection of what has occurred and is an efficient way of recognising events and the reasons why such trade occurred. All TA needs to be interpreted and backed up by fundamental reason if it is to be used effectively. That's pretty off the FAR topic so I'll leave it there.

    FAR now looks like it has reached a level where lots of people want to buy the shares. The buy depth looks realistic rather than propped. It may be pushed lower but it will take a lot to do so, there is much less resistance above!
 
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