Buyers building for a strong run to new highs

Potential Buy Entry Alert FLN

 

Time Frame : Daily/Weekly

Sector : Retailing /Technology

Key Stats : $247.24 Billion Market Cap, VWAP 0.55, ASX Ranking 507, 4 Week Av Turnover $41,289, Current Turnover (Intraday as at time of alert) $131,109.

Company Overview : Freelancer Limited (FLN) is engaged in freelancing, outsourcing, and crowdsourcing marketplace for small business. FLN connects over 26,976,627employers and freelancers globally from over 247 countries, regions and territories. Employers can hire freelancers to do work in areas such as software development, writing, data entry and design right through to engineering, the sciences, sales and marketing, accounting and legal services.

Broker Consensus : NONE

 

FLN – Freelancer Limited

FLN is looking great for a run into new highs as buying pressure builds. We are now watching for higher lows along with a lift in the volume to give us evidence that buyers are getting more active and holding higher levels for a strong push  through 0.65 highs.

 

Stock Code : FLN – Freelancer Limited

Company Website : www.freelancer.com

Current Price : 0.565

Status : On watch for Buy entry setup