FUTU Greatly Oversold
Updated
FUTU is resting at its historical support and is also showing signs of bouncing off of this place allowing for major gains to be had. Our Bullish Signs are the %R oversold oscillator about to create a crossover buy signal and the squeeze displaying a reduction in selling momentum.
Bullish Signs
-Oversold, on oscillator
-Squeeze indicator
-historical support
Price Targets
-1st 121
-2nd 133
-3rd 142
-4th 153
-5th 164
Hope you enjoyed and remember to invest safely :)
Bullish Signs
-Oversold, on oscillator
-Squeeze indicator
-historical support
Price Targets
-1st 121
-2nd 133
-3rd 142
-4th 153
-5th 164
Hope you enjoyed and remember to invest safely :)
Note
I'm still bullish on FUTU and think it is currently a good entry. It is 110 as of writing this.
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