Posted by: Knight Trader
Post Date: December 8, 2023
FCEPL price enters into historic region of resistance
FCEPL touches a level that has acted as a resistance historically. The current level was a resistance level from mid-2019 to mid-2021. Since then, it has broken this region once to the upside and once to the downside. It is now trading inside these levels again.
The RSI is currently in oversold territory.
⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →
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Comments (2)
It will breakout this time.