After deep consolidation from highs of 240 yo lows of below 100...is now giving sign of trend reversal. Europe being hit by Russia Ukraine war has resulted into a collateral damage for FSL being significant revenue loss in Europe business. Withstanding the odds business has started to give green shoots again and improved results. The same can be seen in huge volume bars of accumulation at lower levels around sub 100s..
RSI divergence coupled with rounding bottom with increased volumes shows an upward movement till 150-175 in next 6-9months may be earlier. A bulling flag pattern is in pre-empt stage of making which can touch 150-55 by September
RSI divergence coupled with rounding bottom with increased volumes shows an upward movement till 150-175 in next 6-9months may be earlier. A bulling flag pattern is in pre-empt stage of making which can touch 150-55 by September