Buyers getting interested and supporting price at the pointy end of the price action

Potential Buy Entry Alert FBR

Time Frame : Daily

Sector : Capital Goods

Key Stats : $180.39 Million Market Cap, VWAP 0.17, ASX Ranking 586.

Company Overview : Fastbrick Robotics Ltd (FBR) has developed mobile robotic technology that will improve the speed, accuracy and safety of the global brick construction industry by commercialising the globally patented technology of the Hadrian Robotic brick and block laying machine and system.

 

FBR – Fastbricks Robotics Limited

FBR has been on the radar for a while and is getting to the pointy end as price action perks the interest of buyers. We are watching now for a higher low to build and drag in more buyers for further confirmation that we are on the right side of the action. If we see the higher low then we’ll watch for the buy entry setup.

 

Stock Code : FBR – Fastbrick Robotics Limited

Company Website : www.fbr.com.au

Current Price : 0.175

Status : On watch for higher low buy entry setup