as all stocks trade differently, have their own "personalty", and react differently
to the gyrations of the market, traders seem to look for repeating patterns.
these repeating ranges are fairly evident in FAR.
came across this post from @robbbbbbb explaining these ranges.
he is looking at the XJO, but it applies to stocks as well.
https://hotcopper.com.au/posts/20404874/single
check the post out for his charts.
so i thought lets see how FAR shapes up to the range theory, and how traders trade it.
sorry about the presentation , in a bit of a rush, but you get the idea.
downranges ,upranges, flat sideways accumulation, rinse and repeat, etc.
im sure someone can put up a more polished post, ie, weekly ranges
anncs. drilling etc, but i dont have time.
dyor
anything to get off PEeing in the wind !
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