The beginning of an uptrend back to 38p?FBT has been trending down for a long time, is this a false dawn or a turning point? Comments?by seanmcmPublished 1
FBT.UK FORBIDDEN TECHNOLOGIESGaps may be filled, seems FBT likes gaps filled. IMO no advice intended do your own research. BWTFDIK.Longby sideshowbullPublished 0
Time For an ABC Correction?Elliot Wave Rules: Rule 1: Wave 2 cannot retrace more than 100% of Wave 1. Rule 2: Wave 3 can never be the shortest of the three impulse waves. Rule 3: Wave 4 can never overlap Wave 1. Postulate Is it time for an ABC correction? Fibonacci seems to align quite well.... by seanmcmPublished 2
FBTFBT ,I note a head test(red) of the previous inverted head and shoulders (green) these usually play out, ref 2008 crash on US index look for similar pattern but in a bull market eg. invert everything. Russel, SP etc had this formation in the bull market head and shoulders then a test of the head which failed and then cam the crash. Here we have a head test on an inverted head and shoulders in a bear market so if the head test fails here we should see a rapid accent.by sideshowbullPublished 2
FORCED BREAKOUT OR NOT..Small bull flag sent the move above bear channel, true?. I think so.Longby sideshowbullPublished 113
FBT - bullish bat?Harmonics don't often work on small caps & the A-C and X-D angles on here aren't exactly 88.6% BUT it's a pretty good looking bat all the same. Longby AntMwahPublished 1
#FBTThis chart is weekly chart showing the overall massive pattern - the smaller patterns are still in play. In my own opinion this major pattern still favours 38-49p as a target. Longby sideshowbullPublished 3
#FBTFBT add/long at last post of flat bottom of move, approaching trend resistance. Looks goodLongby sideshowbullPublished 4
#FBT Long add or entry.Major support trend just below, however I feel this little flat move could hold, hence my adding at this level. No advice intended. In my own opinion.Longby sideshowbullPublished 1
Hold FBT and add at support May come to test lower support 8p area Still long for the massive major pattern.Longby sideshowbullPublished 4
#FBT The major pattern in play, placing made the shoulder broader but target same, support 9.8p and 8.50 pLongby sideshowbullPublished 3
FLAG BREAKNice flag in the inverted head and shoulders, short term 15p target then on to 20'sLongby sideshowbullPublished 2
FBT IN H/S ALMOST FORMED AWAIT CONFIRMMany were calling for inverted H/S since Jan, rules are finally coming together for confirmation. BWTFDIKLongby sideshowbullPublished 2
LONG 3RD TEST OF RES.3rd test of hoz resistance with a break above closed at res. BuyFLongby sideshowbullPublished 2
FBT long, bounce off flag support Support off flag support, break out possible on this move.FLongby sideshowbullPublished 0