FKP showing a lot of strength - strong volumes - broken well through the 150d EMA (on strong volumes) and has a very long period of consolidation. Is it a takeover target - who knows? but the technicals look good to me at the present ... growing business ... have held for a while waiting for a positive move like this - took longer than I expected ... now I just would like to see it sustained & today in a relatively down day - holding fine on reasonable volumes ... may ticks.
FKP Price at posting:
49.6¢ Sentiment: LT Buy Disclosure: Held