FAF Weekly and Daily. why not up to $70weeky chart R1 is around $70
daily chart R3 is around $70
why not up to $70
Y1F trade ideas
FIRST AMERICAN FINANCIAL CORP OFFER DailyHey traders, FIRST AMERICAN FINANCIAL CORP is in a bullish configuration with a kind of hammer candle with a return of traded buy volume. By leaning on the TIMEFRAME M1 we notice a marubozu with large volume of paid purchase, it goes towards the top of a comfort zone to re-test it. It is very plausible to breakout the price then end up also breaking out the comfort zone to end up in the next one. And join the last precedent above (see TIMEFRAME H4) with the same top (on TIMEFRAME H1) counting the top after. Not enough buying force to test the intermediate median of ANDREWS PICHTFORK.
Please LIKE & FOLLOW, thank you!
First American Financial Announces $300 Million Share RepurchaseFAF: First American Financial Corporation
2020-11-04 06:45:00
First American Financial Announces $300 Million Share Repurchase Plan
FAF Long on sharp decline + horizontal support- MACD and Force index both going up as price traces lower.
- RSI break above 30
- Share price declined because of bad leaked data news. (finance.yahoo.com)
