Fil$FIL Analysis
Bullish breakout of a descending channel pattern at $5.00 pulled back.
Upside potential of +22% to $6.40.
Escape tested again successfully.//
Stop Loss at $4.59 (previous swing low).
Price Alert: Set up a price alert for the breakout.
Standard:
Price traded in a descending channel pattern.
Complete breakout of the channel with the price breaking above the trend lines.
Trading Strategies:
Inside the channel: Buy when the price touches the support line and sell when it touches the resistance line.
After the breakout: Buy on the breakout of the upper resistance line and sell on the breakout of the lower support line.
Trend:
Medium Term: Neutral.
Short and Long Term: High.
Impulse:
Mixed:
MACD line above the signal line (bullish).
RSI ~ 50 (neutral).
Support and Resistance Zones:
Support:
$5.00.
$4.20.
Resistance:
$6.40 (previous support).
US$8.00.
Comments:
This analysis is based on currently available information and may change over time.
It is important to do your own research before making any investment decisions.
I hope this review is helpful!