FWD has strong signs that buyers are jumping in gunning for higher prices

Potential Buy Alert FWD

FWD – Fleetwood Corporation Limited

FWD has done a lot of work squeezing out late buyers to built a support around 2.40. We like the higher low at 2.70 that shows evidence that buyers are happy to pay higher prices to be a part of the action. Now watching for a kick through resistance around 2.96 followed by a higher low as the action heats up.

 

Stock Code : FWD – Fleetwood Corporation Limited

Company Website : www.fleetwoodcorporation.com.au

Current Price : 2.90

Status : On watch for buy entry setup