F & N Explaination

F&N

F&N was at a good support. I won't say its a very strong support.
The price around 6.38 was at the prior resistance turned support level.
Also, a Fibo support of 38.2% was there to support it as well.
And we all know that market is due for a rebound, so i decided to pick F&N as one of the counters to look to long on rebound. Reason being that FNN is a strong counter for the past few months, high chance investors/traders will buy on dip and when they see a turn in trend.