$FSR
Added 2023-12-27 15:00:04 +0000 UTC$FSR is moving sideways and needs a catalyst to break it out of this direction, what it will be? we don't know but the chart is telling me that the market needs more information before deciding on a direction next.
What we want to see at least is the blue line being held.
It is a slippery slope if this is lost and not recaptured immediately.
$1.52 is the 50 Day MA and this has been acting as a resistance level, it needs to flip this level to support and then get back into the yellow channel.
$FSR is my high risk, high reward position and I am sticking with this and will continue to add small positions at this undervalued level.
I have not added since its been moving sideways however.
Comments
They will need a capital raise if they don't get a partner. That next earnings report is huge.
V
2023-12-27 16:08:29 +0000 UTCI see wyckoff accumulation schematic 2 phase C here
GM
2023-12-27 15:19:43 +0000 UTC
