Panjang
Fisker weekly
Weekly updates
FSR 7.27
We started the week 7.08 and dropped to make a low of 6.60. We mentioned last week we could drop and come back fast above 7 for a weekly close, This is positive.
What we expect next week!!
I have used the monthly chart this time since the year is over, just to show you how FSR was moving in a similar pattern the full year. From JAN22 till Dec 22 we have 4/5 months hitting lows. In the the last three months 6.50 zone was acting as a strong support and bulls were active to protect it. As we also noticed DEC month was the least ATR and that means we are trapped in a very small range now to explore soon.
The first indication of this break-out would be closing the Month of JAN 23 above $8 (bear camp) that will lead us to 9.80 to double digits in coming months.
In weekly view we are going to test 7.7s next week as long as we keep 7 as our support.
happy new year !!
FSR 7.27
We started the week 7.08 and dropped to make a low of 6.60. We mentioned last week we could drop and come back fast above 7 for a weekly close, This is positive.
What we expect next week!!
I have used the monthly chart this time since the year is over, just to show you how FSR was moving in a similar pattern the full year. From JAN22 till Dec 22 we have 4/5 months hitting lows. In the the last three months 6.50 zone was acting as a strong support and bulls were active to protect it. As we also noticed DEC month was the least ATR and that means we are trapped in a very small range now to explore soon.
The first indication of this break-out would be closing the Month of JAN 23 above $8 (bear camp) that will lead us to 9.80 to double digits in coming months.
In weekly view we are going to test 7.7s next week as long as we keep 7 as our support.
happy new year !!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.