FF has been consolidating and sideways trading for around four months. This is a very long period without a significant break-up, or down.
The thought, of course, is that this will shift Parabolically UP when the move happens. 70 percent confidence in that... if it craps the bed - this was never advice, just another trader's IDEA. We're looking for a push up to 16-18 per share, which should be a fairly long LONG, but it could happen fast as we all know. There is no deep analytics here: Just a chart that has a lot of bullish signs in an industry sector that has done very well in the last few months.