Fonterra Shareholders Fund (FSF.NZX)

5 December 2017

Technical Summary: The stock of FSF bottomed out in the middle of 2015 and since that time has been progressing on a slow moving but volatile uptrend. In the last year the stock has rallied before selling off quickly on numerous occasions but has slowly worked its way up the right hand side of the chart. Because of its volatility investors may have difficulty in buying on new highs and may instead wait for strength to be shown in pull backs. We have highlighed such areas on the chart.

More volatile than meets the eye

Do You Want Daily Market Insights?

If you’re interested in staying up-to-date with the latest news and analysis on stocks, be sure to sign up to BlackBull Research.

1 Month Free Trial

Access our expert stock market research Free of charge with no obligation

Free 1 Month Free Trial

Unlock this article & access our expert stock market research

ASX, NZX & USD Stock Buy, Hold, Sell recommendations. Model Portfolios. Daily news and more

[pmpro_checkout]