Frontier Digital Ventures (FDV.AX)
Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Frontier Digital Ventures (ASX:FDV) : The current Fibonacci Retraction levels are:
The current support levels are:
A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.
Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
PROFILE: Frontier Digital Ventures (FDV.AX)
Stock Exchange: ASX
Company: Frontier Digital Ventures
Ticker Codes: | FDV.AX | ASX:FDV |
Frontier Digital Ventures Limited is a private equity firm specializing in investing in and developing online classifieds business. The firm prefers to invest in property and automotive verticals and general classifieds websites. Frontier Digital Ventures Limited was founded in 2014 and is based in Kuala Lumpur, Malaysia with an additional office in Melbourne, Australia.
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