Long
FMSA
It has a strong push after a nice divergence on the charts. IMO I think it has broken thru a key resistance point price that is going to turn into a nice support level. $6.85 has some significant Fib confluence going on that IMO makes it a strong case for a turning point for the next little leg up. One might argue that there is a bull pennant formed. But which ever way you look at it, the case for a bounce off this area is high.
Trade active
Still moving along. A little under my projection. Could be market sentiment falling this past week. We will see in the up coming week..Note
This one worked out good.... I am probably gonna look for a remount after it breaks the double tap on the high... Gonna rechart..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.