$FIL was quiet when I bought it. Now everyone is starting to notice.
I shared my $FIL position around $0.90–$0.93 on Sep 23.
Price is now around $1.142, giving roughly a 21%+ move from that zone.
But this is where the trade becomes more interesting, not easier.
Around 65% of accounts are now long, while top-trader positioning is even more heavily tilted to the long side.
In other words, the trade that looked ignored a few days ago is becoming crowded.
Momentum is still strong, but I’m watching $1.12–$1.142 closely.
A clean 4H break and hold above that area could open another continuation leg.
Failure there, especially with long positioning this heavy, could produce the pullback late buyers aren’t expecting.
I wanted $FIL when it was quiet. I’m not going to become aggressive just because it’s finally moving.
Protect the position. Let the market earn the next add.
I shared my $FIL position around $0.90–$0.93 on Sep 23.
Price is now around $1.142, giving roughly a 21%+ move from that zone.
But this is where the trade becomes more interesting, not easier.
Around 65% of accounts are now long, while top-trader positioning is even more heavily tilted to the long side.
In other words, the trade that looked ignored a few days ago is becoming crowded.
Momentum is still strong, but I’m watching $1.12–$1.142 closely.
A clean 4H break and hold above that area could open another continuation leg.
Failure there, especially with long positioning this heavy, could produce the pullback late buyers aren’t expecting.
I wanted $FIL when it was quiet. I’m not going to become aggressive just because it’s finally moving.
Protect the position. Let the market earn the next add.
