The short term shows a downtrend aiming to fill the price gap from Feb 2018. It has broken the long term trend line and hit resistance at .21c. It is making an impulsive wave down to the .12- .15c which is the next support level. 0.12 is also the retracement .618 fib level of the move up and a historical resistance - where I expect it to get support. Please do not construe this as investment advice or a buy/sell recommendation. I do not hold any shares in FGR but will be interested at the right price.
Comment:
A strong upward bounce off the 14.5 c support mans that is established as the base
Comment:
One more test of that level (.14c) is likely