FCCL is forming a bullish cup and handle pattern on the 15-minute chart, with price currently testing the neckline resistance near the 51 level. A breakout above this zone could trigger upward momentum toward the target area around 53, as indicated by the projected move. The handle’s consolidation suggests healthy profit-taking before a potential rally, while the stop-loss zone near 49.88 provides downside protection in case of reversal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.