FBR 5.41% 3.9¢ fbr ltd

Support held up at 2.1 cents which was basically the long term...

  1. 482 Posts.
    lightbulb Created with Sketch. 455
    Support held up at 2.1 cents which was basically the long term support level back when FBR listed on the ASX many years ago

    Looks like it wants to retest the Flat Lower Trendline on the Decending Triangle (drawn in yellow), Thats strong support that was at 2.8c will be the new resistance.

    https://hotcopper.com.au/data/attachments/2122/2122713-3b8167dc3ff5ac1b14f0efb012c99dd2.jpg

    In the coming days: If it can't close above 2.8c then i believe the downtrend will continue inside the bottom 2 purple trendllines. If it closes above 2.8, then next resistance will be at the midddle purple trendline and also the upper bollinger band.

    Fubdamentally and Technically im leaning toward a continued downtrend after we test that decending triange

    AIMO, DYOR
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
(20min delay)
Last
3.9¢
Change
0.002(5.41%)
Mkt cap ! $186.8M
Open High Low Value Volume
3.8¢ 4.0¢ 3.8¢ $405.2K 10.50M

Buyers (Bids)

No. Vol. Price($)
11 3436326 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 54334 3
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
FBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.