Buyers putting in the groundwork for a run higher

Potential Buy Entry Alert to Watch FOD

Time Frame : Daily/Weekly

Sector : Food Beverage and Tabacco

Key Stats : $77.41 Million Market Cap, VWAP 0.16, ASX Ranking 852, 4 Week Av Turnover $274,495, Current Turnover (Intraday as at time of alert) $231,179.

Company Overview : The Food Revolution Group Limited (FOD, formerly Crest Minerals Limited) is a food and beverage processing company involved in selling food, beverage and nutraceutical branded products and ingredients. Its fruit and vegetable processing facilities in Victoria and New Zealand, manufactures a range of juices, fibres, infused fruits and fruit waters and bio-actives.

Broker Consensus : No coverage from a major broker

FOD – The Food Revolution Group Limited

FOD is holding higher levels and in a prime position for buyers to take price to new highs. The key for us now is to see new evidence that buyers are in control and for further higher lows to build and then a break up and through 0.175 resistance. On the watchlist.

Stock Code : FOD – The Food Revolution Group Limited

Company Website : www.thefoodrevolutiongroup.com.au

Current Price : 0.165

Status : On watch for potential higher low and buy opportunity