$FBR.AX is setting up nicely - Higher prices coming #ASX $FBR FBR Ltd (FBR, formerly Fastbrick Robotics Ltd) designs, develops and builds stabilised robots to address global needs. These robots are designed to work outdoors using the FBR's Dynamic Stabilisation Technology. FBR is commercialising products for the construction sector together with DST- enabled...
- Historically FBR trends have respected all Descending Triangle Formations - The blue shaded area represents the Orange Descending triangle size, which projects the fall size - There appears to be strong support at 2 cents, this could take a crack before pushing though - There's a gap at around 1.8 cents which will be the magnet to be filled once 2 cents falls -...
This is my first chart ever so definitely not advice Overall I have a short bias due on this stock at the moment with a continuation of the downtrend. On the contrary: It is historically cheap, so the H&S could be a contending reversal at this point... Should be watched closely for confirmation to see which way it could play out Fundamentals (Negative) - No...
Famous Brands price has been sitting at the 8000 level for some time but a break lower can potentially start the markdown. Following the distribution (See posts below) we were anticipating the markdown to start some time back but it looks like it has finally started.
Huge relative volume this morning, all without moving the price even 1 pip. Only 1 way to go once they get really hungry FD holding
Watch list, Whos more accurate rsi or CCI Pnf suggests retouch to 140ish but will it stop
Perhaps a little too aggressive not waiting for the candle. But It opened higher, XABCD pattern completed on 1h, and an AB=CD completed on the 1h. Classic Elliot wave count meeting all the rules and several of the most relaible guidlines. I lo=ve the support offered by the rising window as it converges with the start and completion of the pattern, and Elliot...
Candlestick Rising Held as support as we have had completion of Inverted Hammer and Engulfing bull patterns at this same level. Connors RSI below 10. For Elliot folks, please check the count that it doesn't violate any rules, and the retracement/correction has moved back down into middle of wave 4 Price has retraced down into wave 4 of previous impulse wave. So...
Gap down this morning on earnings that will trigger the trade I set up from the gap on 1/19
FBR 0,328 showing already support in the past. In case 0,32 support will work again we can expect nice Risk/Reward. RSI also showing high probability of a turn.
FBR is scoping really nicely & converging between the moving averages. Money-flow has good positive divergence. Break above moving averages & touching 6.63 will be long entry confirmation. It can easily reach 7.43 You can check our detailed analysis on FBR in the trading room/ Executive summery link here- www.tradingview.com Time Span: 4:30" Trade Status: Pending