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stephanelibatd
Dec 2, 2020 3:55 PM

FRANKLIN RESOURCES Chart  Short

Franklin Resources, Inc.NYSE

Description

Hey traders, FRANKLIN RESOURCES is in a bullish channel with large buy volume issued and a long legged doji. In the TIMEFRAME M1 we observed a hammer candle with an abnormal volume of purchase made, it goes to VWAP. There's a good chance she'll break it hard to get to the next high with a price breakout. We can go and test the top of the range and the breakout if the buyers are there but not enough strength to test the high channel.
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