ashainp

FPH accumulation within the zone with trendline support

Long
ASX:FPH   FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED
Keeping it really simple here since deep research and analysis are meaningless in this market.

Historically strong trendline support
Accumulation within the range, on strong support
Long term moving average support 200EMA
MACD oversold
RSI oversold
Can't ask for more technicals in check.

The current market is underweight healthcare as economies are reopening. Regardless, FPH is a solid company with good fundamentals(if they matter anymore)

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