FTCH is prone to big swings and this setup looks ripe
FTCH is prone to big swing and this setup looks ripe.
Last swing, from 6.52 to 12.89 took only 6 weeks. It was also triggered by earnings report.
Current setup is even more favorable for upward movement than what it a quarter ago.
If earnings report (17th, after the bell) is favorable, I believe bulls will push it all the way up to $16.5 - $17.5 range.
If it fails to react on earnings, just get out.
Last swing, from 6.52 to 12.89 took only 6 weeks. It was also triggered by earnings report.
Current setup is even more favorable for upward movement than what it a quarter ago.
If earnings report (17th, after the bell) is favorable, I believe bulls will push it all the way up to $16.5 - $17.5 range.
If it fails to react on earnings, just get out.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.