As the anticipation builds for the start of the 2024 Formula One season in Bahrain, investors are closely eyeing the performance of Formula One Group ( NASDAQ:FWONK ) stock, which is nearing its all-time high. With a recent surge of over 4%, NASDAQ:FWONK closed at $72.76, edging closer to its peak of $78.67 observed last year. As the world gears up for another...
This stock looks healthy with plenty of room to still move up! If the trend continues to move up then expect to see $58. This was charted using the 2H and W charts. If it decides to breakdown we can see a price back down to $38.