FGL 0.00% 1.4¢ frugl group limited

a close below 450 on the weekly chart will certainly target...

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    a close below 450 on the weekly chart will certainly target lower levels. daily trend still down but could reverse quickly if weekly trend holds 450.

    we need more information on the charts to be sure tho. the next couple of weeks will determine whether its in downtrend to the 4 dollar area.

    daily resistance is around 464. A break above this would signal a new short term trend. i note the daily stocastic is crossing the 20th percentile which is usually a good buying signal for a 'quick' trade. however the long term stocastic is still very negative. who knows.

    skippa
 
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