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【Volume Release + Double Bottom Structure, FIL's Breakout is Just One Step Away: Hold Steady at 1.51 to Aim for $2】
From the daily chart perspective, FIL attempted to break above the resistance level of $1.51 but failed to do so effectively. Only when the daily candle successfully stabilizes above this resistance can there be potential for further upward expansion.
Currently, a small double bottom pattern has formed on the daily chart, with volume being released simultaneously. The upward momentum is still decent, which warrants close attention. Once it breaks through and stabilizes above $1.51, it is expected to challenge the $1.8-2.0 range. The big players should make a move quickly to push the price up, giving us seasoned traders some profit to enjoy!
#FIL $FIL $FIL