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nztimbo
Dec 8, 2020 7:10 AM

Watching for break and continuation  Long

FLETCHER BUILDING NPVNZX

Description

Watching FBU move within ascending triangle on 1 hour. Possible chance to break upwards and continue recent trend. But also wary of downward break due to RSI level on weekly being very extended.
Comments
NZ_Shareman
If you were in already or set an alert above the break you would be doing well, one of the companies on the NZX with the most potential, looks set to keep moving up.
Good stuff.
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