$FUTU - WATCHLIST -
Added 2024-04-09 19:02:13 +0000 UTCI am highlighting this chart again as a reminder of its bullish set up and I have attached its very attractive fundamentals, which show how it is undervalued, with extremely impressive margins: 91% gross profit margin and 42% Net.
Price action is still in this wedge and has not broke out yet either, so you are still early.
The price is also back above the blue line and the 50 and 200 Day MA.
The trend line breakout level is at $61.50....so you will be looking for a breakout and hold above this level.
If successful, the price can go to the previous high next at $72.
Comments
He strikes again!
Yuri van Huisstede
2024-04-10 07:48:52 +0000 UTC
