Falling Wedge- Bullish
Updated
Big falling wedge on FSLY that it has been holding for quite some time now, however, is seemingly starting to break out of this formation- Bullish and will be looking for a breakout, just some FIB levels & RSI-based supply and demand zones to keep an eye on-
- Closed Friday sitting right on its 20-day SMA (Not Pictured)
- Bollinger Bands Squeezing
- RSI has been in the oversold range for quite some time
- Buyer volume starting to pick up
- Weekly Timeframe (See Below)
https://www.tradingview.com/i/ubmcyi2W/
PT1- $44.35
PT2- $45.58
PT3- $46.30+
- Closed Friday sitting right on its 20-day SMA (Not Pictured)
- Bollinger Bands Squeezing
- RSI has been in the oversold range for quite some time
- Buyer volume starting to pick up
- Weekly Timeframe (See Below)
https://www.tradingview.com/i/ubmcyi2W/
PT1- $44.35
PT2- $45.58
PT3- $46.30+
Comment
All Price Targets Reached ✅
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