dennismerdan

FTR - higher bottom and possible continuation pattern

Long
NASDAQ:FTR   None
FTR has formed a nice bottom and can be a good short term play. It is currently trading in the middle of a channel so would wait for it to either pull back and then enter the trade. However, short term it looks like a continuation pattern and if entering at this level it could push up to the 3.00 level for a nice 0.50 profit. Remember to cut losses if the trade goes against you.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.