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.
FTCHTrend Analysis

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