Weekly Update
FSR 7.08
We have closed at the exact same open of last week (7.08). We managed to close above 7 even we had a quick spike to 6.73, Bulls were very aggressive to take it back and close the week above 7.
What we expect next week!
FSR still above the blue support line and never closed below it. Even any drop in the price was short lived and Bulls managed to fight back. We are still targeting our last week target of 7.7s. We are in a very dangerous zone now and price is just waiting to break out strongly this time. There will be a move of $2 in coming weeks due to this tight trading range and back above 8-10 range.
Bulls must keep the 7 as floor and never let Bears to close below it on daily or weekly closes.
Once we clear 7.30s zone next week we aim to 7.70s as our first target.
Monthly chart is oversold and weekly also Turing the same.
Good Luck and JAN will be a great month for FiskerBulls
FSR 7.08
We have closed at the exact same open of last week (7.08). We managed to close above 7 even we had a quick spike to 6.73, Bulls were very aggressive to take it back and close the week above 7.
What we expect next week!
FSR still above the blue support line and never closed below it. Even any drop in the price was short lived and Bulls managed to fight back. We are still targeting our last week target of 7.7s. We are in a very dangerous zone now and price is just waiting to break out strongly this time. There will be a move of $2 in coming weeks due to this tight trading range and back above 8-10 range.
Bulls must keep the 7 as floor and never let Bears to close below it on daily or weekly closes.
Once we clear 7.30s zone next week we aim to 7.70s as our first target.
Monthly chart is oversold and weekly also Turing the same.
Good Luck and JAN will be a great month for FiskerBulls