Fantom
Long

FTM - $0.36

FTM pulled a massive candle yesterday where it rose from the low price of $0.1 and went all the way up till $0.26 and retraced back towards $0.14 to form a weak support. As long as FTM stays above the support zone of $0.14, we could start seeing a move towards $0.16, $0.18, $0.20, $0.23, $0.26 and $0.36. Failure to hold the support at $0.14 could lead to a drop towards $0.10, $0.07 and a final wick down towards $0.05 which is a strong support area.
Trend Analysis

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