Fisher & Paykel Healthcare Corporation Ltd (FPH.NZX)

27 November 2018



Technical Summary: The adjacent 5 year chart illustrates why FPH has been such a popular stock with NZX investors. The stock has consistently moved up and to the right, dips have been buyable and it has delivered fantastic returns. For the last year however the stock has gone largely sideways. With a recent pullback the question is whether this is buyable as it has been in the past or if we are in store for more sideways action.

Has the stock found support at old base?

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