Monday 7 October 2013

Stock of the Day - Fresnillo Plc (Trade-Setup) 07/10/2013 19:45pm


Entry PointKey LevelProjectionStop Loss
Fresnillo Plc916.78(Buy) 920.63943.72906.61


Fresnillo Plc Chart (5min) - Analysis time: (19:43 pm)

Commentary
A Fibonacci Analysis on 5min Chart. Gives us some support levels, a entry point at 916.78 and a projection of 943.72. I will also be looking at key level, placing my stops beyond 906.61. Lets see how the market reacts to our levels.

Result: Success!


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