FIL has been accumulated for quite a while and is now trading at 23.5 after a huge Bitcoin crash in a while. However, it seems like FIL is on the verge of breaking the rectangle pattern and make a drop to 21. Bulls and bears are not accumulating or distributing (1H A/D), so there is definitely a chance there to short FIL.
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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.