FTM has been on a down trend since January this year,this bearish trend saw it break a very crucial support during the Andre Cronje saga,this was supposed to spell a loom,but luckily for FTM,the trendline provided a good support for it to bounce back up,the impulsive move pushed it to close above the support zone.....FTM looks so bullish right now,however remember the trendline Is yet to be broken.
So in conclusion,FTM having reclaimed Its support,and also on an impulsive move,looks bullish on the short term.....A long term bullish move will be confirmed when the trendline is broken.
So in conclusion,FTM having reclaimed Its support,and also on an impulsive move,looks bullish on the short term.....A long term bullish move will be confirmed when the trendline is broken.