FGX 0.39% $1.29 future generation australia limited

chartist please, page-2

  1. 5,382 Posts.
    G'day chefate
    Not a standout chart this one, 1.60 is certainly support, but I would like to see a break upwards on volume from the descending triangle before committing as I feel there is potential for it to go lower, to around 1.50 first target. Around this point is the .618 fib retracement which is prevelant atm. If the fundamentals are good perhaps that will be a good entry?
    Just my novice view.
    cheers
    Rod
 
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