FIL Supports & Resistances
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Never risk more than you can afford to lose.
Always DYOR.
FIL is one of those gem which is really undervalued, it has already retraced approximately %88.94, from april 2021, to april 2022, which means that it retraced for more than a year.
it is struggling with the monthly support level $21.53, (in red) in case FIL breaks down the this level it may reach to $16.86 weekly support level (in blue), and if FIL receives a good support from its current support zone it may jump up to above daily resistance level $25.42 (in green).
This is personal idea and I am not a financial adviser.
Never risk more than you can afford to lose.
Always DYOR.
FIL is one of those gem which is really undervalued, it has already retraced approximately %88.94, from april 2021, to april 2022, which means that it retraced for more than a year.
it is struggling with the monthly support level $21.53, (in red) in case FIL breaks down the this level it may reach to $16.86 weekly support level (in blue), and if FIL receives a good support from its current support zone it may jump up to above daily resistance level $25.42 (in green).
This is personal idea and I am not a financial adviser.
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