The price has broken through the downward channel and is currently establishing a base in the demand zone around $1.68. A W-shaped pattern is forming but has not yet received clear confirmation.
As long as this support level holds, the technical outlook remains constructive. The next step is to look for confirmation signals—these will determine whether the price can continue to rise. The key now is to observe whether trading volume and price can stabilize at this level.
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Follow the latest trend changes of FIL.
The price has broken through the downward channel and is currently establishing a base in the demand zone around $1.68. A W-shaped pattern is forming but has not yet received clear confirmation.
As long as this support level holds, the technical outlook remains constructive. The next step is to look for confirmation signals—these will determine whether the price can continue to rise. The key now is to observe whether trading volume and price can stabilize at this level.