Since a year or so, FTT has been trading inside this bullish channel pattern. Since the start of the year, FTT has been bouncing around the lower bound of the channel, presumably waiting for some good news in order to move back up.
Be aware that we might go for another re-test of the lower trend line in case we get more bad news. However, I think there's a decent probability that the price will follow this long-term pattern.
Happy trading!
Be aware that we might go for another re-test of the lower trend line in case we get more bad news. However, I think there's a decent probability that the price will follow this long-term pattern.
Happy trading!
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