Between July 02 and today, $4.50 has alternated between support and resistance for Fosters.
FGL may not close above the current intra day high of $4.51 and it may not even close above $4.50, but the fact that the stock has pushed through $4.50 at all, augurs well for a further advance over the coming weeks.
This stock has a history of moving as fast an elephant with three legs, so no dramatic rises are foreseen, but I do have an initial target of $4.75, followed by $5.
As always - one dudes view only (hopefully not through rose coloured glasses because I have money in this one)
FGL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held