FIL Short-term fluctuations, long-term value ready to take off
On June 14, the price of FIL continued to decline, currently at $2.4, with a 24-hour drop of 8.47%. Trading volume has decreased compared to the previous day, and market activity is sluggish.
The MACD histogram remains negative and bearish strength is increasing. The KDJ indicator is oversold but has not shown a clear reversal signal. In the short term, it may maintain weak fluctuations.
We need to be cautious of the support level at $2 below; if it breaks, it may further decline. If the fundamentals improve, there is still room for a rebound, but we need to patiently wait for the right-side signal.
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