FBR 4.35% 2.4¢ fbr ltd

FBR technicals haven’t generally played nice, although the trend...

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    FBR technicals haven’t generally played nice, although the trend is once again weakening. Directional Movement Index < 20. Those that use MACD will see this also.

    Momentum is approaching oversold with Stochastic RSI at 33.

    Volatility is primed for a breakout with Bollinger bands tightening.

    For those that like to play the reversal, this setup could signal another run up.

    FBR Daily.png
 
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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