FPH accumulation within the zone with trendline support
Keeping it really simple here since deep research and analysis are meaningless in this market.
Historically strong trendline support
Accumulation within the range, on strong support
Long term moving average support 200EMA
MACD oversold
RSI oversold
Can't ask for more technicals in check.
The current market is underweight healthcare as economies are reopening. Regardless, FPH is a solid company with good fundamentals(if they matter anymore)
Historically strong trendline support
Accumulation within the range, on strong support
Long term moving average support 200EMA
MACD oversold
RSI oversold
Can't ask for more technicals in check.
The current market is underweight healthcare as economies are reopening. Regardless, FPH is a solid company with good fundamentals(if they matter anymore)
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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.