FBR.ASX experienced a substantial increase in its share price when price broke out of its consolidation at around 3.7c in late July 2016 and travelled all the way to 16.5c, where it peaked. Since this high, price has consolidated in large symmetrical triangle with an upside breakout today (03/07/2017), on news of: 'Fastbrick Robotics Signs MOU with Caterpillar Inc'.
This is the move I had been waiting for and I believe price could be on the move up to the 20c mark in the not too distant future.
Will be interesting to see if the share price can get on with the job and start trending to these higher levels again.
This is the move I had been waiting for and I believe price could be on the move up to the 20c mark in the not too distant future.
Will be interesting to see if the share price can get on with the job and start trending to these higher levels again.