Technical Summary: FBU has been the story of the NZX in recent times with the stock stealing the headlines for all of the wrong reasons. This has reflected in the 1 year chart with the stock stuck in a downtrend. The stock has recently made a new 1 year low. From a technical perspective there is no reason to buy the stock at this juncture as it has recently punctured resistance. From a longer term perspective the stock has largely gone sideways with wild fluctuations in the share price. The stock is approaching the 5 year low it set near the beginning of last year. This will be a key point in the chart, will the stock find support in this area?