Low risk buy - reversal?

  1. 672 Posts.
    Longer term up trend, shorter term down trend in the past year and currently at support level. Spiked off it initially, now slowly grinding down towards it again, showing bears are weak and bulls may start a rally from here.

    Pattern traders could call this a Cup and Handle (bullish), taking place at support (significant price/location, more bullish)
    Also trading around significant $1 level.
    No short positions exist on this share too.

    In conclusion, behaviour is changing at a nice level, good chance of a reversal to take place

    FSAw.JPG
    FSAd.JPG

    Thoughts?
 
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(20min delay)
Last
94.0¢
Change
0.000(0.00%)
Mkt cap ! $117.5M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 1356 94.0¢
 

Sellers (Offers)

Price($) Vol. No.
95.0¢ 10000 1
View Market Depth
Last trade - 16.21pm 29/07/2025 (20 minute delay) ?
FSA (ASX) Chart
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