Longer term up trend, shorter term down trend in the past year...

  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
90.5¢
Change
-0.035(3.72%)
Mkt cap ! $117.5M
Open High Low Value Volume
95.0¢ 95.0¢ 90.5¢ $16.87K 18.29K

Buyers (Bids)

No. Vol. Price($)
1 11894 91.0¢
 

Sellers (Offers)

Price($) Vol. No.
95.0¢ 29999 2
View Market Depth
Last trade - 10.01am 30/07/2025 (20 minute delay) ?
FSA (ASX) Chart
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