Moving very well here, a retest of the wedge from above and support was confirmed, it has now bounced nicely and looks like the 200 Day MA will be tested next at $12.75, getting above this level and then the 50 Day MA just above at $13.11 will be a big statement that $F bulls will be very happy to see this.
A rejection at these MA's and we could see the price move back down below the wedge and into the Buy zone.....but for now, I am favouring a move to the upside.
Damien O'Sullivan
2023-09-12 18:47:28 +0000 UTC