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Frontera

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13 years 2 months ago #3590 by gclark25
Frontera was created by gclark25
Been watching for a while and like this area. Been looking out for the 3rd touch of a bullish diverging RSI, feel this level here is that touch required, or close enough.

Good risk to reward imo.

0.37-0.39 proving strong support, bullish RSI, and valid targets make this a buy for me.

will keep an eye out on any sma touches, and also any RSI trendline resistances. Staying nimble, but a 3 weighted trade where one weight will be left on to reach weekly targets.


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13 years 2 months ago #3615 by Uknosferat2
Replied by Uknosferat2 on topic Frontera
Great call, More so today that it has broken out of a decending wedge to the upside which is my favorite set up. If if backtests .410 tomorrow (top line of the wedge) with support then I'm in.

Gud Luck
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13 years 1 month ago - 13 years 1 month ago #4342 by remo
Replied by remo on topic FRR:Frontera res
This one looks like its breaking out.
Some thing happening????
Technically a finish above 5p should be bullish

Penny share so bear that in mind. This has moved whilst typing so seems very volatile



dyor
Last edit: 13 years 1 month ago by remo.
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13 years 1 month ago #4343 by remo
Replied by remo on topic FRR:Frontera res
I said 5 p
That was wrong should have said half a penny.
sorry

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13 years 1 month ago #4366 by gclark25
Replied by gclark25 on topic FRR:Frontera res
Remo, I sold my initial stake at 5.4p and will leave the profit to run in the long term.

That will be my strategy from now on in any bottom feeding penny share charts.

So far so good, but not managing to chart even an 8th of how much I want to be tbh.

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12 years 10 months ago - 12 years 10 months ago #5813 by remo
Replied by remo on topic FRR:Frontera res
I got a shock when i logged into my penny share account ;) ;) Pleasant shock :) :)
I totally forgot that i bought these way back in feb. Doubled my money and did not even know :woohoo: :woohoo: Thats how much i trade penny share :whistle: :whistle: Not a lot so totally forgot about them.
I moved my stops to below 0.77 so playing the greedy game now. Ive got no idea what this company does or any fundamentals related to this company. Any ideas on the fundamental side of things????



This never hit my stop loss from the original trade :woohoo: :woohoo:
Last edit: 12 years 10 months ago by remo.
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