$FIL Long-term trading signal!!!!
Bullish reversal from the main demand area.
Strong bounce after a rapid decline.
Possibility of a retest of the resistance area 2.30-2.35.
Sharp rebound from the main support level at $2.183, forming a strong bullish structure on the 30-minute chart.
The price is now consolidating above $2.26, showing the potential for continuation if buying volume increases.
Trading setup:
• Entry point: $2.26 - $2.28
• Stop loss: $2.18
• Take profit:
• Profit target 1: $2.31
• Profit target 2: $2.35
Market outlook:
Short-term trading momentum is likely to push the stock upwards with a clear reversal from the bottom.
If the price stabilizes above $2.26, it is expected to continue towards $2.35.
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