FRD FRIEDMAN INDUSTRIESFor 1 year, a hammer was formed. The weekly schedule is laid out in the post. I expect growth of 10-15%
FRD trade ideas
interesting run is there time to join in on the train?!this stock has been on an uptrend for quite some time now and it looks to have consolidated in the low 17s, i still see more upside considering not alot of volume is moving this stock up
id set a stop loss of 10% but really this has alot of price momentum going for it not sure if id short it go LONG for a good 15%
Bullish on Friedman. FRDWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
FRD - Respecting resistance Beginning of possible uptrend - Entry at market with stop below 5.13 and initial target of 7.14 - 7.40
