SamSuka
The Long Investor
The Long Investor

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$F TOP 20

Moving very well here, a retest of the wedge from above and support was confirmed, it has now bounced nicely and looks like the 200 Day MA will be tested next at $12.75, getting above this level and then the 50 Day MA just above at $13.11 will be a big statement that $F bulls will be very happy to see this.

A rejection at these MA's and we could see the price move back down below the wedge and into the Buy zone.....but for now, I am favouring a move to the upside.

$F TOP 20

Comments

Would you recommend starting to build a long position at this price, or wait?

Damien O'Sullivan


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