SamSuka
The Long Investor
The Long Investor

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$FSR

$FSR the heartbreaker. Not handling the pressure and not getting the support today when many stocks are getting some relief.

We can see however that it has held on the support line in an ascending triangle right now, so it has still held its structure and it is still in a bullish formation but any break down here and it is back down again to fight another day.

I would like to add to $FSR again but not until I see a firm hold and confirmation of support above $6.41. Until then, I am waiting.


$FSR

Comments

Yep so the overall structure is Wave 1 so technically this Subwave count of Wave 1 can be a diagonal, so I agree with you, the wave 3 is now typical but this would be normal in a diagonal. Overall I am still happy with the structure staying bullish

Gareth Neary

Captain, do you think a diagonal is setting up and we are still in wave 1? The recent price action does not seem to be characteristic of typical wave 3.

Suhas Chatekar

Thank you for the update 🙏

Stephanie


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