Based on the provided chart for $Frasers Cpt Tr(J69U.SI)$ (FCT):The stock has been in a long-term uptrend since late 2022, defined by the ascending black trendline, which has consistently provided support (highlighted by orange/blue circles).
The price action suggests a consolidation phase in 2024 and 2025, largely trading between the S$2.22 support and a resistance around S$2.45 . The current price is near the S$2.22 support level and the 200-day Moving Average (green line), suggesting a key test. A bounce here would reinforce the long-term trend, while a break below may indicate a deeper correction.
Disclaimer: This is a technical analysis based solely on the provided chart and is not investment advice.
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