FGL 0.00% 1.4¢ frugl group limited

Looks like it will probably rise back to retest resistance...

  1. 10,543 Posts.
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    Looks like it will probably rise back to retest resistance around $4.47 before another fall.

    This time the downside supports will be $4.31, $4.21, $4.14 from which it bounced on the 5/2 then $4.05 before finally making its way to $3.80.

    Were it to break through $4.47 then next resistance would be $4.90.

    I think the later possibility is unlikely as the downward trend in FGL is very clear.

    Just my opinion as always.
 
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