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The Faraj List of Exploding Stock Part 4.05
melfaraj - Fri, 23 Dec 05 :
squires, fogl, falkland.. , gas and oil
well, looks promising. you obviously research your stock prior to asking for chart analysis. this is how it should be done!!
there is a promising bullish w spanning 2 months starting oct this year. on the back of this w the latestet rises have rolled out. and look at these latest rises. 10 trading days, only one falling day! can't ask for more. but then it is an oil stock.
critical resistance 110, which co-incides with that of the middle legs of the w, have been broken through without butting an eyelid
i remember it being in the news a couple of months ago. still a loss maker, but it is rather new company.
indicators are rising, but not much volume at all, so care is needed as it may have become toppy at current levels without volume bolstering the rises.
looks good!


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