Long

FABL (ANALYSIS)

🚩 Market Update 📈

FABL Analysis:

Technical Pattern: FABL has formed a bullish flag pattern with a target of 47.

Indicators:

RSI: Showing a bearish divergence.
Daily Channel Top: Closing with high volumes.
Trade Recommendation:

Neutral Stance: I suggest staying neutral for now.
Trade Option: If you choose to trade, consider buying at current levels.
Risk Management: Use trailing stop-loss initially, otherwise set SL at 40.70, with the next SL at 41.7 (closing basis only).
Wishing you profitable trades! 📊📈

Earn_withHassaan

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.