Ian15
Long

The FOX breakouts?

NASDAQ:FOX   FOX CORPORATION
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Over the past week, we've been monitoring FOX closely on our watchlist as we observed that buyers were clearly in control with every dip met with more buying. Hence, we were anticipating for a breakout to enter the trade. And slowly but surely, yesterday, we finally managed to spot the confirmation with a strong
engulfing candle formed. For now, price in ideal uptrend according to trend indicators... Momentum indicators also showing positive confirmation.. Targets are drawn to $52 where we might see some profit taking..
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