JoyBasford

Watch for directional response to significant level

BATS:FSM   Fortuna Silver Mines Inc
0
+ FSM poised to re-test a recently broken resistance line.

+ Its current trajectory is set to meet the line where it intersects the lower pitchfork prong, amplifying the impact of a break-out.

+ If broken, consider its relationship with its 0.382 Fibonacci retracement level. A pull-back to previous highs from here is characteristic of a natural retracement within a larger trend.
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.