FUV 1-2 week horizon
A good risk to reward ratio.
The past couple of cycles, price action has been respecting 21ema. We have support at 25.54 which is also around the 21ema. MACD is pointing down but stochastics is at an oversold level. Stop loss just below support at 24.61.
Disclaimer
I am not a registered investment professional. These are just my opinion and not an investment advise or recommendation. For entertainment purposes only.
A good risk to reward ratio.
The past couple of cycles, price action has been respecting 21ema. We have support at 25.54 which is also around the 21ema. MACD is pointing down but stochastics is at an oversold level. Stop loss just below support at 24.61.
Disclaimer
I am not a registered investment professional. These are just my opinion and not an investment advise or recommendation. For entertainment purposes only.