A little more than a week ago I made an analysis on FTM. Here I argued that FTM was nearing a perfect reversal point on the crossover from the previous ATH resistance and the channel's bottom trend line.
As expected, the price touched the $2.45 at the channel's support and saw a huge reversal.
FTM is one of the major gainers of the last two days. Seeing that in conjunction with the current market outlook I'm confident we're going to see a new all-time high in the near future.
First target at $3.45, the current ATH. Second target at $4.
Happy trading!
As expected, the price touched the $2.45 at the channel's support and saw a huge reversal.
FTM is one of the major gainers of the last two days. Seeing that in conjunction with the current market outlook I'm confident we're going to see a new all-time high in the near future.
First target at $3.45, the current ATH. Second target at $4.
Happy trading!
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