Frontline PlcAlış
FRO to $4.50, pullback, then $8.50 to retest longterm trendline
FRO looks like it wants to form a multi-year Head and Shoulders pattern that could break out above 5 year downward trendline to $16 in 2015.
The 30 week moving average is trending upward.
It had nice volume on breakout above the downtrend line that had formed in the past year.
Wave 3 of this breakout (see orange line) should top at about $4.50 in the next week or two.
Then a pullback to about low $3's before heading back up in a Wave 5 to test the long term trendline at about $8.50 mid 2014
The 30 week moving average is trending upward.
It had nice volume on breakout above the downtrend line that had formed in the past year.
Wave 3 of this breakout (see orange line) should top at about $4.50 in the next week or two.
Then a pullback to about low $3's before heading back up in a Wave 5 to test the long term trendline at about $8.50 mid 2014
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.