Price is holding higher levels and building the energy for the push up

Potential Buy Entry Alert to Watch FLN

Time Frame : Daily

Sector : Commercial and Professional Services

Key Stats : $363.59 Million Market Cap, VWAP 0.82, ASX Ranking 402, 4 Week Av Turnover $149,898, Current Turnover (Intraday as at time of alert) $8,778.

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 : BUY

FLN – Freelancer Limited

FLN is showing some longer term strength as more buyers get interested and start the move up. We are watching for further consolidation of price above 0.65 which is the higher low we want to see hold for the move up through 0.92. Current volume is a bit thin, so watching for a minor higher low around 0.80 to hold with increased volume for evidence that its time to get on board.

Stock Code : FLN – Freelancer Limited

Company Website : www.freelancer.com

Current Price : 0.815

Status : On watch for potential higher low and move up through 0.92