FRES

Check out FRES' weekly chart below:



dl.dropboxusercontent.com/u/20815047/FTS...ESweekly03_01_14.png

Look where the doji formed 2 weeks ago - bang on previous breakout level which backtested, also with a doji.

I think this may have bottomed at 673 so best thing to do is switch to daily charts and wait for a 123-low breakout. Worth watching IMHO.

dl.dropboxusercontent.com/u/7238706/FRESNILLO.png

Good spot Jackozy. Looks like today may have been a good opportunity: rose above the 21EMA, broke the downtrend line, and 123 low. If it doesn't gap up Monday could be a good chance. Thanks mate!

Thanks Diver. It's also got an RSI breakout as of Friday but it hasn't yet had a higher low and therefore no 123-low breakout so I'm going to wait on this despite the trendline break.

Gold producers are looking quite tasty at the moment.

Good r/r trade for a long at 6.73 on first attempt

Long @ 778.78
SL below 740

follow up chart - trade is free and in profit!

Nice I H&S forming too!