🚀 FORM Bull Pennant Breakout – 15% Potential Incoming?! 👀🔥
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FORM is consolidating within a bullish pennant on the 1H chart after a strong 15% impulse move — classic continuation setup.
Price is hugging the triangle resistance and sitting above the 100 EMA, showing strength and reducing downside pressure.
📈 Entry: CMP and add more up to $2.83
🎯 Targets: $3.21 / $3.28 / $3.35
🛑 Stop-Loss: Below $2.78
📊 Risk-Reward: Excellent
💥 Bias: Bullish
📉 Leverage: Use low leverage (max 5x) for safer exposure
Keep your eyes on volume confirmation. A decisive move above the triangle could lead to another explosive leg up.
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