FGL 6.67% 1.4¢ frugl group limited

Fosters - Set to run?

  1. 3,567 Posts.
    At $4.50 Fosters is cheap fundamentally... however technically the graph looks terrible.

    $4.50 is a critial support and it needs a bounce to $4.74 to stop the latest down trend. If it breaks $4.50 then it looks like $4 would be the next target no matter how good the fundamentals look.

    Any other views would be greatly appreciated.

    Cheers,
    Munch.
 
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