FRO Chart
By Johns Wu on Mar 05, 2006
The chart on FRO is looking bearish as it has formed a "descending triangle" kind of pattern.
It’s forming lower highs and the support at $36 could give away if this continues to keep up. It’s testing the 200DMA right now, and if it fails, it could be a good short candidate.
This entry was posted on Sunday, March 5th, 2006 at 5:55 pm and is filed under Annotated Analysis.
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