FXJ 0.00% 66.0¢ fairfax media limited

Fairfax deserves its falling SP, page-6

  1. 1,476 Posts.
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    BTW  chart reading self is slowly learning, less understanding more curiosity...



    For FXJ their Williams %R presently stands around 90 on 1, 2 and 5 year charts, indicating oversold.


    The Williams %R oscillates in a range from 0 to -100.

    The R reading between 0 and -20 indicates an overbought situation.

    The R reading from -80 to -100  indicates an oversold situation.


    NEC appears similar in oversold. 


    DHG appears similar in oversold  with some recovery.

    DHG may see more advertising with financial pressure if housing valuation reductions continue,  pushing more into sales while loans covered.


    Shorting  pressure continues, expect continue until intended voting trend for upcoming meeting clearer.






    My  Short Term view mostly opportunistic to increase Long Term holdings.



 
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Currently unlisted public company.

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