INVERSE H/S PATTERN:
FLUT has formed an inverse head and shoulders pattern with a breakout, catching my attention on my Strength Screener.
Current Price: 275
Target: Aiming for 549, calculated from the pattern.
Stop Loss: Set below 220 to manage risk.
The pattern and breakout suggest strong potential for upward movement. Keep an eye on volume post-breakout for confirmation.
FLUT has formed an inverse head and shoulders pattern with a breakout, catching my attention on my Strength Screener. Current Price: 275
Target: Aiming for 549, calculated from the pattern.
Stop Loss: Set below 220 to manage risk.
The pattern and breakout suggest strong potential for upward movement. Keep an eye on volume post-breakout for confirmation.
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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.
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.