FFB base has developed for 121 days since IPO on March. It also formed a double bottom.
Recently the chart pattern showing higher low with contraction 5% and <3%.
Resistance at IPO price 1.70 (red line). Need solid breakout for entry confirmation. Let's monitor.
Disclaimer:
Not a call buy suggestion, just my personal analysis based on chart pattern and trend analysis. Trade at your own risk.
Recently the chart pattern showing higher low with contraction 5% and <3%.
Resistance at IPO price 1.70 (red line). Need solid breakout for entry confirmation. Let's monitor.
Disclaimer:
Not a call buy suggestion, just my personal analysis based on chart pattern and trend analysis. Trade at your own risk.
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