FTT has broken the resistance that has acted in this role since early September. After several re-tests we finally broke it once we bounced on a good support level
Now we're making this resistance level support, should that succeed, I see up quickly moving up with a nice target at $67. Once there best to secure profits and re-assess.
We also have a resistance at $62, however that will likely not hold us much.
The indicators like MACD and RSI are also curving up nicely, hence we're building a nice rally here. Risk reward favors a long.