FIL is showing some solid strength on the weekly timeframe. What caught my eye is the textbook setup we're seeing—three consecutive bullish weekly candles have formed a nice bullish structure. Based on the weekly gap pattern, I'm positioned for a pullback before the next leg up. Using Fibonacci retracement levels as my guide, I'm eyeing $10 as a key support zone where I'd expect buyers to step in. The weekly chart is telling an interesting story here, and that retracement target could be a prime entry opportunity if it plays out.
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FIL is showing some solid strength on the weekly timeframe. What caught my eye is the textbook setup we're seeing—three consecutive bullish weekly candles have formed a nice bullish structure. Based on the weekly gap pattern, I'm positioned for a pullback before the next leg up. Using Fibonacci retracement levels as my guide, I'm eyeing $10 as a key support zone where I'd expect buyers to step in. The weekly chart is telling an interesting story here, and that retracement target could be a prime entry opportunity if it plays out.