I previously blogged on FPI on 4 April here.

• At the time, I half anticipated that it would fall below 2.85.   
• Little did I know that 2 days later, it did!

I then waited and added 3 times between 2.8 to 2.84.

• I am now fully positioned.

Then, FPI subsequently advanced, to fill the opening gap indicated

• But I didn't sell, because I like its fundamentals and its high dividend yield.

Then it dipped and then rise again to close at 3.07 today.

The Daily Candle chart for the narratives above below.

2 charts - the first is a daily candle chart to illustrate the narratives above.

Below is an update to the standard monthly candle chart that I used to blog on my 4 April post.

My guess is 70% chance the breakout may be to the upside eventually, but nothing is guaranteed in trading.  My long term dividend yield for this stock is in the range of 6%-7%, so, even if price falls, I am happy to do nothing and just hold to collect its dividends

I post this for future monitoring purposes only.

Disclaimer:  As always, you are fully responsible for your own investing / trading decisions.