$FIL Chart looking rough, not gonna lie.
We had that nice pump up to 2.579
yesterday, but it couldn't hold. Now we're
seeing a pretty sharp reversal, breaking
below a few short-term supports.
Current price 2.355, holding just above the
24hr low of 2.314. Not a lot of buying
interest stepping in right now. Volume is
lower on this down move compared to the
initial pump, which is a slight positive, but
still concerning.
If this 2.314 level breaks, we could easily
see a retest of some lower lowS. On the flip
side, if it can find some support here and
push back above say, 2.40, then maybe we
can talk about a bounce.
Right now, I'm just watching from the
sidelines. No clear entry for me yet.
#FIL #CMC Quest: Earn Rewards