- Joined
- 29 October 2006
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Re: POTENTIAL BREAKOUT Alerts
The FML chart is looking interesting. If it moves up with volume it will be breaking a significant resistance point on the monthly chart which has formed a large saucer. The daily chart is currently consolidating in a large pennant. Nice target if it breaks. (Invert saucer to get a target of 21.5c). Would be more interesting if the recent volume was confirming an upward move .. not giving any clues at the moment really .... just have to wait n see. I'll be waiting for a break with BIG vol.
The FML chart is looking interesting. If it moves up with volume it will be breaking a significant resistance point on the monthly chart which has formed a large saucer. The daily chart is currently consolidating in a large pennant. Nice target if it breaks. (Invert saucer to get a target of 21.5c). Would be more interesting if the recent volume was confirming an upward move .. not giving any clues at the moment really .... just have to wait n see. I'll be waiting for a break with BIG vol.