FBU seems reluctant to break down below support from swing point low $7.20 and old swing point high $7.12.
It has broken below but then fails to follow through. On Friday there was a bullish engulfing bar.
For each of the last two weeks price has gone down and then closed up near the high indicating strong buying pressure.
If it breaks above swing point high $7.41 it may start a fast move up. However if it fails to break over this resistance then it may succumb to the selling pressure and eventually breakdown.
Daily Bar Chart
![]()
Weekly Bar Chart
![]()
FBU
fletcher building limited
Add to My Watchlist
1.02%
!
$2.98

Chart - Failed Breakdown
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$2.98 |
Change
0.030(1.02%) |
Mkt cap ! $3.203B |
Open | High | Low | Value | Volume |
$2.97 | $2.99 | $2.96 | $296.6K | 99.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 5208 | $2.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.99 | 12157 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1625 | 2.980 |
18 | 18704 | 2.970 |
12 | 30538 | 2.960 |
9 | 24951 | 2.950 |
10 | 35972 | 2.940 |
Price($) | Vol. | No. |
---|---|---|
2.990 | 12157 | 13 |
3.000 | 38188 | 10 |
3.010 | 36137 | 10 |
3.020 | 39745 | 7 |
3.030 | 32129 | 7 |
Last trade - 10.46am 17/06/2025 (20 minute delay) ? |
Featured News
FBU (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online