FBR 1.92% 5.1¢ fbr ltd

A year of Disappointment, page-38

  1. 293 Posts.
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    On the technical front there is a lot to be careful of. Current price breaking past support zone top of 10c, will probably hang in this space for a rest but if it continues through bottom at 8c it's going freefall. Hard to see it holding let alone bounce with fundamentals taking a hit. Scary because next support is in the 1-2 cent range. If you were looking for an entry today's price wouldn't appear to offer the best value or safety margin IMO. DYOR.
 
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