$FUTU - WATCHLIST -
Added 2024-07-09 20:03:07 +0000 UTC$FUTU has retested the wedge breakout level and the 0.618 Fib at $63 and has bounced, it has so far made a higher low on the pull back too.
The bounce on the wedge trendline hit the 50 Day MA before pulling back, so again, another Chinese ADR stock that is looking primed for a strong move once the setting is right and it is looking close.
Staying out of the wedge is bullish
We always look for a pull back and retest and this was a confluence level on the 0.618 Fib, impulse wave and count targets continue to look good here.
Comments
Any updates to FUTU?
Benson K
2024-09-04 13:36:50 +0000 UTC
