Replies to post #10945 on Futuris Company (FTRS)

[k_trader]

EVXA - Daily Candlesticks

I was checking the board tonight and seen the request for a chart. Here is the daily chart hopefully it will help you guys.

Positives:
Seems to have steady support on 0.0023 still, this is a good sign. A positive green day could push it across the Parabolic SAR which would be a nice signal for reversal. The stock generally appears to be consolidating right now moving sideways in a trading channel.

Negatives:
It still looks like there is resistance where there was previous support. If the price breaks below the 0.0023 support level it is likely it will continue to trend downward.

Good luck to everyone, miss the board!
K

[drugtester]

Hey Siforus...yeah...you know how it goes. It is always more fun to post when things are going well..."+)

I am not the least bit concerned, as I know things will be cooking here soon enough.