Fairfx GroupLSE:FFX may be coming back to retest the £1.00 round, see previous post here.
If that happens then we have to see if price can regain strength and break out.
The overall trend is still bullish and we should not be worried about the pullback, that is natural in a trend.
We are still waiting for a breakout so just apply more patience in order to be ...
Fairfx Group has now broken through the £1.00 round number with a strong bullish bar.
I published an idea for this UK stock here where you can see
price was just touching the resistance level at the £1.00 round number level.
This level did cause a brief barrier for price as it hesitated before smashing through that level with a large bullish candle.
The mistake a ...
Fairfx Group Recently broke its previous all-time high which was at £0.88.
After a major area is broken we can expect price to retest that level before advancing which has happened with this stock.
The retest of the support/resistance area gave price some strength to the upside but then found it difficult to break through the
psychological round number ...