Monday, May 18, 2015

Frontkn the Flying Saucer stock (part 2)





1. Earlier on March 4, 2015 I mentioned that Frontkn was forming a base or saucer chart pattern and jokingly nicknamed it as a "Flying saucer " stock. You can see the article over here. 

2. A base pattern is a very powerful bullish chart pattern, and if one were to wait for the pattern to develop, the person will be rewarded.

3. Today 18/5 Frontkn broke out of the 2nd base pattern ...

4. I agree Target is around 35 cents in the coming days if market remain OK - 30c + 5c - diff btw lowest price of the 2nd Base 25c and high price on the right hand side of base/cup/saucer 30c. 





No comments:

Post a Comment