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  1. #1631
    Speedy Az winner69's Avatar
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    Quote Originally Posted by alokdhir View Post
    TA experts out there .

    Please enlighten us about the important support levels as today maybe another big turmoil day for FPH keeping in view US yields at high of the year again

    But that has helped bring NZD down below 72 after a long while above it which should help FPH

    What can be most attractive levels to look for if their is panic
    Bit of support around $27 but as I said before next solid support after that is $17 odd but it won't get there today

    There's a 50% Fibonacci retracement level at $26.70 - some TA people love Fibonacci support levels as nature is a wonderful thing.

    But seeing you worried mate today will probably be a UP day and we willend the week a bit happier.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #1632
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    Quote Originally Posted by winner69 View Post
    Bit of support around $27 but as I said before next solid support after that is $17 odd but it won't get there today

    There's a 50% Fibonacci retracement level at $26.70 - some TA people love Fibonacci support levels as nature is a wonderful thing.

    But seeing you worried mate today will probably be a UP day and we willend the week a bit happier.
    I am actually not worried for my big LTH holdings but trying to utilise on this opportunity given to us

    As its great company and will keep doing well but demand and supply mismatch provides opportunities which should be accepted

    Thanks for your insights buddy ....Last March in panic it formed a low of $ 21.20 only and that was a big big panic ...compared to that it only ...so maybe max. $ 25 !!!!

  3. #1633
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    Quote Originally Posted by macduffy View Post
    Just sitting tight, waiting for the trend to reverse before adding to my growing FPH pile!

    What about your thoughts on when to get into FPH further ...seems like stabilising around 27.60 ??

  4. #1634
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    Quote Originally Posted by alokdhir View Post
    What about your thoughts on when to get into FPH further ...seems like stabilising around 27.60 ??
    Not yet, for me! But I won't be ringing a bell when the time comes.

  5. #1635
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    Quote Originally Posted by macduffy View Post
    Not yet, for me! But I won't be ringing a bell when the time comes.
    Oh c'mon man play the game where is your team spirit.
    For clarity, nothing I say is advice....

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    Quote Originally Posted by macduffy View Post
    Not yet, for me! But I won't be ringing a bell when the time comes.

    Ok as U say ...thought can use your experience ...

  7. #1637
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    Quote Originally Posted by peat View Post
    Oh c'mon man play the game where is your team spirit.
    I'll be doing my usual thing - buying about a third when a base appears to have been set, buying the rest - or not buying - on confirmation/or not, of the trend.
    Last edited by macduffy; 05-03-2021 at 04:09 PM.

  8. #1638
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    Strong finish for FPH at $28.55.
    VWAP $28.26

    Was down to $27.60 in the morning.

  9. #1639
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    Quote Originally Posted by macduffy View Post
    I'll be doing my usual thing - buying about a third when a base appears to have been set, buying the rest - or not buying - on confirmation/or not, of the trend.
    Back in the market today!


  10. #1640
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    Quote Originally Posted by macduffy View Post
    Back in the market today!

    Good on you. Hope you got a nice price- it bounced up quickly to $29.50+. Who knows where it finishes as its early morning.

    You clearly happy that a base has been set. At $28

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