A couple of weeks ago I made an analysis on FTM where I argued that FTM would likely see more bearish pressure in the near future.
As of today, FTM has successfully broken out through the bottom support neckline of the H&S pattern. Personally, this is the bearish signal I was waiting for to confirm the pattern.
My targets remain the same as before. In the near term, a drop towards $0.15 is my most likely scenario. If we get a full market sell-off in stocks, we might actually fall further and move towards my second target at $0.055, we'll see how far we get.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.