[BULLISH]: Fletcher Building has formed a new Three White Soldiers pattern.
The three white soldiers candlestick pattern suggests a strong change in market sentiment. Without any significant shadows, the market opens slightly lower, the bulls take over the rally all session, and close near the high of the day. The pattern may appear during periods of consolidation or following a prolonged downtrend, but the latter represents the most attractive opportunity for traders to take long positions.
PROFILE: Fletcher Building (FBU.AX)
Stock Exchange: ASX
Company: Fletcher Building
Ticker Codes: | FBU.AX | ASX:FBU |
Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building and construction products in New Zealand, Australia, and internationally. Its Building Products segment manufactures, distributes, and markets building products, such as concrete pipes and products, cement and aggregates, plastic pipes, and building materials for commercial and residential markets. The company's International segment provides laminate and surface products for commercial and residential spaces; decorative wood panels and laminates, particle boards, medium density fiber boards, and other decorative products; and pressed metal roof tiles. Its Distribution segment distributes building, plumbing, pipeline, and steel products. The company's Residential and Land Development segment develops land holdings for residential and commercial use, as well as operates as a residential home builder. Its Construction segment builds and maintains commercial buildings and infrastructure projects. Fletcher Building Limited was founded in 1909 and is headquartered in Auckland, New Zealand.
|GZL Gazal Corporation||4.75||13.1||15,580||0||NEUTRAL|
|TZN Terramin Australia||0.1||9.9||117,532||0||NEUTRAL|
|LNG Liquefied Natural Gas||0.7||9.4||3,202,760||0||NEUTRAL|
|EWC Energy World Corporation||0.19||8.8||503,392||0||NEUTRAL|
|IRI Integrated Research||2.78||7.8||430,094||0||NEUTRAL|
|CUV Clinuvel Pharmaceuticals||21.2||7||130,068||0||NEUTRAL|
|BPT Beach Petroleum||2.04||6||25,271,336||0||NEUTRAL|
|APD Apn Property||0.45||5.9||146,212||0||NEUTRAL|