FortuneRise

FortuneRise Updated 

AMEX:SPY Pennant formation at the borderline resistance. Resistance at previous level ~388. Resistance under the broadening of a triangle (white linings). False breakout pennant, loss of momentum (blue flags). Similar pennant formed previously on 9/12/22. Then, next day it drop about $18/-6.3% down. Lack of volume and breakout tried but...

FortuneRise Updated 

Quick Update on FSLY! It has been exhausted for a while. As of now, it's looking like a nice set up right now. A clear Cup and Handle has formed. If you take a look at the volume, every time the price drops, people tend to buy the dips. Should be reaching to 75 soon. If it can make it to 77, then it has a lot of potential to fill in the gaps from previous...

FortuneRise Updated 

- My initial thoughts for FSLY is that it will form a inverted heads & shoulder (yellow line). - However, I'm having second thoughts due to the market conditions and bong yields % on the rise, will this form a double bottom (blue line) or maybe even worse? I'm new to trading and this is my very first idea as a beginner. Would love to hear you guy's thoughts...