Thoughts on #FIL
$FIL has successfully flipped a major horizontal resistance zone into support, which is a strong bullish sign. The breakout also came with a noticeable increase in volume, adding strength to the move and suggesting that buyers are stepping in with conviction.
As long as $FIL holds above this reclaimed zone, the structure looks favorable for further upside.
$FIL has successfully flipped a major horizontal resistance zone into support, which is a strong bullish sign. The breakout also came with a noticeable increase in volume, adding strength to the move and suggesting that buyers are stepping in with conviction.
As long as $FIL holds above this reclaimed zone, the structure looks favorable for further upside.
