BFC 50.0% 0.3¢ beston global food company limited

Ann: FY16 Full Year Update-BFC.AX, page-136

  1. 530 Posts.
    lightbulb Created with Sketch. 10
    Just for the fun of it, here's a historical chart, highlighting the SP finding support around the 39c range a number of times. Take it with a grain of salt/skepticism. SP held quite well on a above average volume day, forming doji, RSI bordering oversold territory.

    Obviously the annual report will dictate future movement/support though. But worthwhile noting the SP dived on half yearly reporting a loss, yet still found support at IPO 35c region. Next support obviously 35c, then 30c.

    bfc3.png
 
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