Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at ASX:FFG ...
I believe this code is at a point of potential volatility.
If price can hold above $0.035 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.046 (Conservative)
- $0.059 (Medium)
- $0.081 (Aggressive)
...
ASX:KM1 ASX:FFG FWB:CXU EURONEXT:ERA BSE:AKM BCS:LTM NASDAQ:CZR MIL:BRE NYSE:BIO SIX:SMI
Momentum is still surging through the market! These ASX stocks have been the fastest-growing companies over the past 90 days, proving their mettle and potential. Remember, these leaders began their rise by shining on our Launch Pad list, published weekly on...
FFG appears to be trying to reverse the bearish trend it has been following for over 18 months.
Price action since June has established clear bullish divergence on the weekly RSI and the recent lows have filled the gap set in October, price currently back testing multi year support.
Could be a good opportunity for long term investors to accumulate. I am not a trader DYOR
As charted.
Looking bullish with BNPL and many other Technology partner ventures. An interesting business model that co-invests with entrepreneurs to bring them into reality. This has the hallmarks of a Private Equity with inhouse technical capability for Technology companies to progress from start-up to full fledged companies. Will be interesting to watch.
Positive divergence on the OBV and MACD displays buying during decreasing SP.
Cup pattern with volume on the increasing SP.
Moving averages now all displaying positive indicators.
Broken out of any last downward trend.
