$FTT Technical Analysis:
$FTT on higher time frames looks very Bullish. I am expecting a 50% + pump for the next leg up after a short correction.
Now if we count elliott waves on a lower time frame we can observe that it has completed 3 elliot waves and is currently undergoing the 4th corrective wave. I am expecting this 4th corrective wave to conclude somewhere .38 or .50 fib retracement level. Retracement towards the $1.7 region will be a good buying opportunity. My target for the 5th wave is the region around $2.8 which is very likely in my opinion. All we need is a little patience here.
