Charts FCL Buy entry
by, 4th-September-2008 at 10:08 PM (8008 Views)
I had planned to buy this stock yesterday but had a new camera and a Cairns bird wing butterfly has taken up residence in one of our vines. One thing led to another and before I knew where I was my apertures had taken over my fstops and it was 4.30 pm. Today I saw FCL shoot up again , went fishing and came back at 3pm. Luckily for me it had retraced to the top of the triangle and I was able to pick up 13500 @ 1.46 before the close.
My stop loss is at 1.26 which is the recent low amd also a fib retracement of 50% from the recent low to the recent high.
Wish me luck.
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