Long
FST looks primed and ready
Fast acquisition Corp is a blank check company, much like CCIV. Over the past 9 months, the price has risen from $10ish to $13ish and ranged between $11 to $13 during the recent bear season. The pattern appears to be a inverse head and shoulders and it seems very likely that a breakout is imminent as it has retested the neckline after a move above. This could be a correction (b) wave after the first wave up of an Elliot cycle, and the (C) wave could be incoming. Buy and hold FST.
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Related publications
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.