noad

The Faraj List of Exploding Stocks Part 3.04 (FAR3)


Techanalyst - Fri, 31 Dec 04 :

Skyship:
I agree sgi entry at these levels is reasonably lower risk,but imo at the moment the upside though could be on, looks a tough ride.The candle chart shows the resistance quite clearly and she has a gap to fill from 93p to 100p.I think the high at 90p should be respected a bit more for the simple reason the last time she failed at that level she fell back to 67p.Not saying she will fall that low this time just giving why imo the 90p level should be respected,and then the gap to 100p.

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