I read about Freedom Holding Corp in the recent Hindenburg Research paper. It sounded quite alarming, but I was considering ignoring the report for an hour and focusing on my chart analysis. Here's my analysis: First of all, this stock appears to resemble one of those Pump & Dump scams. However, let's take a closer look at the chart facts: THE...
FRHC shows the H&S pattern which leads us to the next target $50
When the chart will break the 53$ trend line we will be looking for a new target which is 60$
First off, please don't take this seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my insights. Right now, FHRC is doing quite well as a retail brokerage following a bullish run from what I believe to be a bearish price correction due to the period we are in. This is remarkable given other...