FCT firstwave cloud technology limited

where to now for FCT

  1. 18,343 Posts.
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    The reversal of the downward trend goes back at least to the beginning of March if not a little further, so it's not a one day wonder.
    Looking at the MACD on a 3 month chart, the jaws have opened like a great white.
    A number of things have fed into what is hopefully a turnaround. The biggest was the renewal of the Telstra contract probably, but before that we had an acquisition, a new CEO, a restructure and a reduction in employee numbers.
    Waiting and watching with more optimism.

 
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Last trade - 13.20pm 07/08/2025 (20 minute delay) ?
FCT (ASX) Chart
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