FTDR Wedge Breakout

NASDAQ:FTDR   Frontdoor, Inc.
FTDR broke out of the wedge it had been forming from May until November.
It broke through it's $45-resistance and retested it.
This $45-line has been an important price zone considering it had:
  • Broken out in July '19
  • Failed the retest on Nov '19
  • Failed breakout from Dec '19 to Feb '20
  • Rejected March '20
  • Failed breakout May '20 to Jul '20
Very interested in how it behaves over the next few days, considering the possibilities of market drawdown.


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