Longer term up trend, shorter term down trend in the past year and currently at support level. Spiked off it initially, now slowly grinding down towards it again, showing bears are weak and bulls may start a rally from here.
Pattern traders could call this a Cup and Handle (bullish), taking place at support (significant price/location, more bullish)
Also trading around significant $1 level.
No short positions exist on this share too.
In conclusion, behaviour is changing at a nice level, good chance of a reversal to take place
Thoughts?
Low risk buy - reversal?
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FSA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
80.0¢ |
Change
-0.010(1.23%) |
Mkt cap ! $100.1M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 79.0¢ | $50.52K | 62.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22658 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 9997 | 1 |
View Market Depth
| Last trade - 15.59pm 29/11/2024 (20 minute delay) ? |
| FSA (ASX) Chart |
