FFIE Possible Kangaroo Tail Forming??
FFIE probing for lower price levels but shorter timeframes show stronger than average buying pressure pushing the close higher leaving a long tail. I'm thinking short term rally over the next few days with a profit target of $3.85 and a stop loss of $2.45 but will wait for confirmation tomorrow.
- $3.85 to $3.90 to me looks like a new resistance level(old suppport) unless this is FFIE's big moment for a major reversal.
- Maybe I should take some profit once it nears that area then add on if the volume supports a higher move up.
>> What's your thoughts on FFIE for a swing or day trade or even a longer hold???
- $3.85 to $3.90 to me looks like a new resistance level(old suppport) unless this is FFIE's big moment for a major reversal.
- Maybe I should take some profit once it nears that area then add on if the volume supports a higher move up.
>> What's your thoughts on FFIE for a swing or day trade or even a longer hold???