Friday, June 1, 2007

Week ending June 1st

Short and sweet this week- I exited Perilya on Monday as per previous blog...Tuesday a market rise -Wednesday a Plummet- Thursday a scyscraper of a day in the first hour, back near the all time high... so I'm still cautious about buying much as the channel roller-coaster keeps on swinging....however-I did think Fosters has a chance-

FGL.ax Fosters Brewing

A long term Double bottom support around 6.20 from November last year and March this year, a break out from a long term trend line- Big day up- plenty of volume - Someone is believing in this stock!

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