Get started
KoosKanmar

$JSEFBR Famous Brands. Looking to move higher

FAMOUS BRANDS LTD (JSE:FBR)  
KoosKanmar  
JSE:FBR   FAMOUS BRANDS LTD
Chart Patterns Equity
2
0
chartpattern equity
Famous Brand was beaten down from 7000 levels to 2000 level on COVID news. Since then it has been on a upward trajectory with resistance around 5000 levels. Watch for a break of that 5000 level and a daily close above that level for a move to higher levels. Targets would be 5450, 6370 and eventually a reclaim of pre COVID levels.

No position.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.