Finbar International (FRI)

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Finbar International (FRI): Signals

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TECHNICAL ANALYSIS SUMMARY

Finbar International: The current Fibonacci Extension levels are:
(23.61%) $0.87
(38.2%) $0.89
(50%) $0.9
(61.8%) $0.9

The current support levels are:
(78.6%) $0.92
(100%) $0.94
(138.2%) $0.97
(161.8%) $0.98
(261.8%) $1.06
(423.61%) $1.19



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Finbar International (FRI.AX)


Stock Exchange: ASX
Company: Finbar International
Ticker Codes: | FRI.AX | ASX:FRI |

About Finbar International (ASX:FRI):

Finbar Group Limited, through its subsidiaries, develops and invests in properties in Australia. It primarily develops medium to high-density residential apartments and commercial office/retail properties; and rents its properties in Western Australia. The company was incorporated in 1984 and is based in East Perth, Australia.

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