$FUN

101
FUN Nothing on this chart supports a warm and fuzzy feeling that FUN is about to go bullish. Sideways action with a 438 average. Much less volume since the end of March. Deepest red wicks are slowly retreating. Ascending triangle is forming. Last time it failed. Very neutral since the last triangle did fail, and the price action has been very limited. Hopefully this is just accumulation, however there are no big events for FUN except their posted expectation of obtaining a gaming license for the UK by 30 June. At this price FUN would be a bargain IF they obtain the gaming license. Holding unless there is some seriously bad news or gaming regulations derail their gaming license application.

Penafian

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