As someone that recently bought in strictly from a chart perspective, and as I've mentioned previously, there are a number of small to mid sized caps that have recently bottomed or are about to bottom and will swim against the tide of a macro correction-crash in the markets, this is where money will be rotated in from those taking profits from large caps that have topped and see money move into assets that have just bottomed. FRE is well positioned to be a stock that will benefit from this rotation of equity. From a local chart point of view i see FRE trading sideways or retracing to back test the EMAs and further accumulation and stair casing upwards before we see the bigger impulsive moves to the high, FRE is actually in a very similar market structure and PA movement point to DRO, so there will be some similarities in PA moving forward between the 2 assets, i also bought into DRO for the exact macro market cycle structure, and looking forward to both Aussie companies doing well. MSB is another stock that is ahead of FRE in its PA (price action) and can also give guidance to the accumulation phase FRE is in, and when we can look to forecast the bigger impulsive moves to the high, have included MSB chart of a similar macro market cycle pattern showing where i see FRE and whats “potentially” ahead in PA for FRE (guide only) NFA DYOR. The story and product that has been developed and now in production for sales definitely fills a needed gap in healthcare, as someone that worked offshore for over 15years, the beta dine gargle, was a mandatory toiletry bag inclusion to keep you safe from the spread of colds and flu’s when offshore on a oil or gas platform. FRE is still in the goldilocks zone as i like to call it where buyers in this range will see the biggest returns in the longterm. MSB chart and FRE below
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