Long

FFL: Potential Bullish Targets Ahead

Updated

FFL highlighting a potential "cup and handle" pattern. The price recently broke out above a downward-sloping trendline, marking the handle's resistance at approximately 11.86 PKR, suggesting a potential bullish reversal. Key resistance levels are marked at R1 (14.82), R2 (16.47), and R3 (18.70), providing potential targets if the upward trend continues. This breakout from the handle's resistance could indicate a momentum shift, with the next targets aligning with these resistance levels, confirming the pattern's bullish implications.

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FFL testing neckline resistance, short term profit taking or rejection can be seen. Upon break out new bullish wave will be established.

Note

FFL breaks its neckline resistance, next target 14.82

Note

FFL breaks its initial resistance 🚀🚀

6 days ago

Note

FFL support lies around 11.90, from where a pull back can be expected.

mbaberhanif

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