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 seems reluctant to break down below support from swing point...
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 (20min delay)
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Last
$2.69 |
Change
0.020(0.75%) |
Mkt cap ! $2.891B | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.72 | $2.68 | $1.690M | 626.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 6809 | $2.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.70 | 24688 | 30 |
View Market Depth
| Last trade - 15.44pm 27/06/2025 (20 minute delay) ? |
| FBU (ASX) Chart |