Fairly basic TA at the moment, moving averages and other indicators (RSI, MACD) look borderline bearish. It seems we are on a key point on the chart holding 0.382 fib retrace at 23c. Lower than this could cause a gap fill to 20c but that is just a buying opportunity. I am hopeful that the next run will begin to rerate above 30c. The fundamentals of the stock are so strong that any short term pullbacks do not worry me, I am estimating that for the 2022-23 financial year earnings could be as high as 15c a share. Not a bad yield you could say
FFX Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
