Here is the chart used in NFTRH120 to illustrate the most recent opportunity. In the letter, I only highlight what I consider to be the highest quality stuff and yes, I believe there are several more in the portfolios with takeout potential that we will look at ever more closely going forward. The classy stuff gets bought, the crap gets played.
When FRG was highlighted in 120, it was nestled right around the EMA 100, which I noted might provide some support. The green shaded area at or around the SMA 200 was the no brainer level. It didn't quite get there, but I know some people bought the general opportunity and I am psyched that it worked out. Anyhow, here's the daily chart from 120, updated to today's theatrics.
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