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InvestinMetal
Mar 24, 2021 1:37 AM

FGR is Ready to Break Out ($FGR) Long

FIRST GRAPHENE LIMITEDASX

Description

Interesting FGR's trading range and volume have dropped up, now coiled in a thin trading band with low volume and what looks like the calm before the storm.

32.5c is my Target for mid-april. A number of specific catalysts will get us there but perhaps the macro climate alone if the news is not forthcoming.

Definitely have a mexican standoff in this 24-26c zone. I am getting coin together to convert options to heads. Thinking the capital raise that was mentioned might of been a spooker to the market and we may have raced up on recent news if not for this, we can only speculate (lots).

First Graphene is an ASX listed Graphene Producing Material stock with Mines in Sri Lanka producing the world's most pure Vein Graphene.

FGR
Comments
InvestinMetal
Pretty happy with this chart.. looking very good and has blasted off up 20% in 2 days now.
InvestinMetal
This chart bit the dust, rocket ship didnt happen. I hold.. F.A looks amazing
Makle95
That's not how you draw a pitchfork
InvestinMetal
@Makle95, Id say not - i wasnt trying to draw a pitchfork-- the chart was to show the tight range bound trading that has recently got tighter -- also the decreasing volume.

The mexican stand-off i hope will send us into the stratosphere, of course i am 98% so assume it will be a spaight of prime news that will take FGR into my "Rocket Zone". Regards and ill have to look up a pitchfork so i can understand what they represent or how to draw.
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