It appears as though FFH is showing two alternatives, an H&S breaking down, or, sideways trading in a horizontal channel, with a breakout likely happening early 2024.
A horizontal channel is a neutral chart pattern that marks investor indecision. Buyers and sellers fight, and it is only at the exit of the horizontal channel that they agree on a direction; either...
On the RSI FFH has created a higher high, very bullish.
Prem Watsa bought nearly Half a Million shares of FFH, I wonder if the Blackberry rumors are true?
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders...
