FABL (ANALYSIS)

🚩 Market Update 📈

FABL Analysis:

Technical Pattern: FABL has formed a bullish flag pattern with a target of 47.

Indicators:

RSI: Showing a bearish divergence.
Daily Channel Top: Closing with high volumes.
Trade Recommendation:

Neutral Stance: I suggest staying neutral for now.
Trade Option: If you choose to trade, consider buying at current levels.
Risk Management: Use trailing stop-loss initially, otherwise set SL at 40.70, with the next SL at 41.7 (closing basis only).
Wishing you profitable trades! 📊📈