$FFIN weekly #chart with ascending triangle #breakout
FFIN stock made a low in MAR'18 at 27.13 on very big volume that to me it signals capitulationSince then the stock has formed an ascending triangle with resistance at 33.42
Last week the ER have come in above expectations and the stock had the weekly close above the resistance
MACD and RSI both nicely bottomed out and curved up in supportive mode
Measured target is at 39.71
Good Luck,
TA
Trade closed: stop reached
Stop on the breach of support line TA
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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.