The upward momentum of the stock continues $FXS
- More increases in the future.
The stock FXS has witnessed a strong rise, jumping from $1.80 to $2.16, achieving a strong increase of +19% with good support in trading volume. The chart shows a clear upward trend, and the optimists continue to push strongly.
Simple trading plan:
Entry area: $2.10 - $2.16 (current breakout area)
Stop loss: below $2.00 for safety
Target 1: $2.30
Target 2: $2.45
Target 3 (final): $2.60
Reasons for the price increase:
Higher highs with strong green candles
Increased trading volume with price
Signs of reversal after $1.870
Advice for traders: Take some profits at each target area, and adjust the stop loss upward to protect gains.
Buy and trade here on $FXS