$FIL Weekly Chart Analysis – Is a Rebound Coming?
$FIL is currently trading near the $2.40 level, a strong historical support zone that has triggered major rallies in the past. The price has been consolidating above this level, signaling potential accumulation and buyer interest.
If $FIL breaks above its immediate resistance, a move toward the $6.00–$6.20 zone looks likely. This area marks a key previous support-turned-resistance and serves as a psychological target.
Key Points:
Support Holding: $2.40 remains a critical level.
Consolidation Phase: Could lead to a breakout.
Upside Target: $6.00–$6.20 range in focus.
