Technical analysis by JSAL about Symbol S: Buy recommendation (8/17/2024)

FTM has reached parabolic highs of 1.2 on the first quarter this year after that long hibernation from 2023. From that peak, as with any overheated coin - heavy correction ensues week after week following the market's big red move.Now, a massive shift has been transpiring this past few days. A break in structure has been spotted. It has broken the ''maximum pessimism'' curve line indicating the first step towards price recovery. Significant price growth will be followed by this elusive break.Net buying metrics / volume has been surging notably hinting of increased net positioning towards the multiple x growth scenario.Expect a series of stair ups from this range going forward. Multiple x gain prospect targeting its recent peak at 1.2 zone.The current price is a definite bargain, an ideal seeding opportunity.Goodluck.Spotted at 0.370TAYOR.Weekly data update: So far this has been moving according to plan. We've risen almost 10 cents from our spot at 0.37. HOLD. More rise is expected.FTM, gave another discount opportunity at a new higher low range. Touched base on the breakout line -- then will proceed ascend. Classic bull moves. Strong buy at current levels at 0.40 TAYOR.Another bargain zone was tapped creating a new higher base. We expect some good ascend from the current zone. Spotted at 0.39 TAYOR.REITERATION: STRONG BUY and HOLD on this one. x2 will be an easy interim target from here. Spotted at 0.360We are looking good from here now...so far so good... strong buy / hold still. This is target +50% from the current price range of 0.43Another 20% added. What a beauty. Our spot price was from 0.36 two days ago. Congrats holders.Upside continuation. More rise ahead. Interim target at 1.0FTM has already decided it's fate -- go to new heights. 1.2 is an easy target from here based on strong momentum behavior this last couple of days.