Sunday 12 February 2012

Worse over for Frontline Ltd

The worse appeared to be over for companies such as Frontline Ltd (FRO) in the supertanker sector. The chart of FRO appeared to have bottomed out and seemed like it is in the process of accumulation by big players.

Click on chart to enlarge (FRO - Daily Chart)


Click on chart to enlarge (FRO - Weeky Chart)