Currently, F&N chart showing retracement on light volume. $5.21 has been tested successfully with the low of today touching it and the counter managed to close above it. It's a classic example of a retracement with light volume in technical analysis and this offers an excellent point for a trade entry.
F&N chart:
Monday, September 17, 2007
F&N chart showing retracement
Posted by Kay at 8:19 AM
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