"A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend." [investopiedia]
The breakdown has started for FIL and I believe the price will retrace abit before it can start a new leg higher.
The breakdown has started for FIL and I believe the price will retrace abit before it can start a new leg higher.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.