What do you think of buying FRO (Frontline) right now and holding a month or two?

Question

I think I am jumping in.

Answer 1

It might very well be a good entry point. It almost reached the Fib .618 retracement level at $35.20 and is trading now at $36. It would be a low risk trade, with your stop set the other side of the Fib level.

It has alread developed a nice Uptrend intraday, over the past two days, with a higher low today and yesterday, than the absolute low set two days ago.

Looks like a GO!