FIL/USD - Breakout confirmed, $30 and $40 in play

Fil made a great breakout yesterday, if you entered as indicated in my previous idea at around $22-23, then you should be pretty happy by now. :)

I see 3 main resistance points / targets:

@ $27 - indicated by the falling resistance in a large descending triangle
@ $31 - Fib 23.6%
@ $39 - Fib 38.2%

Broadly speaking I don't see why we can't reach $40 once we pass $27 resistance. So watch that level to get sense of next steps.

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Chart PatternsFILUSDFILUSDTTechnical IndicatorsTrend Analysis

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