The Faraj List of Exploding Stocks Part 3.04 (FAR3)

Hi everyone,

Just thought I'd have a bit of relaxation away from the Xmas festivities by viewing a couple of charts .. sad innit.

When I returned from my couple of months break, I started with the following review of TRT which appeared to be preparing for the 75.00p breakout ..



Reviewing its chart again, I see that the strong breakout followed ..



Although its an old favourite of mine, and I am therefore probably biased, I still reckon that SPT - 74.75p has the potential for a similar strong breakout.

It has been consolidating for a few weeks now, and is ideally positioned. Its level shallow indicators suggests continued consolidation, and having tested the 70.00p level on a number of occasions, it shows that there is good support just below, so upside potential appears good, and downside risk minimal.

I reckon it just needs a 'good volume spike up its ass' to get it moving .. just my thoughts, but worth at least having on your monitor for a while ..