Frontline finding support? Potential target of 100.
Another interesting one. Fundamental analyses puts the target for this stock at around 98. So plenty of potential!
So FRO seems to have found support, for now.
Confluence of a horizontal longer term support and the bottom of the weekly cloud (@75.99 currently).
When does FRO become a buy for me?
- Has to break the blue trendline.
- Not break down out of the weekly cloud, so stay above 75.99.
Now looking at the target.
- The highest point of the weekly cloud is 96.50.
- The FA target is 98.
- There is a gap at 100.50.
So somewhere between 96.50 and 100.50 I would say.
So FRO seems to have found support, for now.
Confluence of a horizontal longer term support and the bottom of the weekly cloud (@75.99 currently).
When does FRO become a buy for me?
- Has to break the blue trendline.
- Not break down out of the weekly cloud, so stay above 75.99.
Now looking at the target.
- The highest point of the weekly cloud is 96.50.
- The FA target is 98.
- There is a gap at 100.50.
So somewhere between 96.50 and 100.50 I would say.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.