A break below 1968 on S&P500 will see a resumption in bearish trend likely triggering a bearish sell off in the ASX and also on FAR. This will be a short-medium term bearish correction that may expose FAR to 4.5-5cents. Good buying opportunities there. I potentially see FAR recovering to 20c+ before year end. Note, global fundamentals will move FAR down while company show of potential via announcements will generate SP value over time.
Note -Euro QE may delay the S&P500 bearish trend by 1-2 weeks, but resumption in bearish trend is expected in Q1 2015.
Watch S&P500 Level- 1968
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Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $173.0K | 394.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75664 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
0.000 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 43.5¢ | 82596 | ||
| Last updated 15.10pm 03/05/2024 ? | |||||
| FAR (ASX) Chart |