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Thursday 24 May 2012

FROI update

FROI is starting to see more volume off the bottom of it's trading channel.

Remember, the point of my alerts is to get in early, first brought it up May 10th and the chart is holding the pattern perfectly. The indicators and volume are gaining strength while price is finding resistance at the 200ma. Once that breaks we should see a breakout from the channel to begin what we believe will be the start of a long term bullish trend.

Lots of good things happening with FROI, if you haven't done your dd since the first alert then here is a little more!!!



Two links to well respected posters with FROI info: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75939893





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