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MrLowStep
Nov 15, 2023 8:42 PM

$FN sets up a pivot Long

FabrinetNYSE

Description

Follwing surprise earnings and an upgrade to Buy, NYSE:FN is setting up a pivot for continued price expansion. Let the market digest recent gains for a while and we should see re-ignited moves soon.

Comment

Retracing on low volume to bounce on the EMA8 with higher volume on Friday is supportive of the thesis
Comments
MyCryptoParadise_Nathan
I've learned so much from your content.
MrLowStep
@MyCryptoParadise_Nathan, Thank you - appreciate it. I'll try to keep it flowing
MrLowStep
Great action yesterday and FN is either ready to go from here (not optimal but point. That was yesterday) or it will mark the third leg in the VCP.
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
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