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BABYBOY
Regular Contributor
a warrant to buy at the moment. MACD on fsr looking to rise....?
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2 REPLIES 2
Runbird
Contributor
Firstly, what has FSR got to do with SAL? Secondly, even though you may be right about the MACD on a 30 minute chart, on hourly it's not conclusive. Also, there is a series of lower peaks, which indicates a downtrend and Momentum is moving down. That all says SELL. I'm not saying it is a SELL or a BUY, just unsure and would probably not trade it just yet...
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Tango
Super Contributor
agree that FSR might look more likely to rise than fall, but that is a nasty warrant. decay is high, and a 2c spread is a killer for warrants at that sort of price.
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