Technical analysis by domcheville about Symbol S: Buy recommendation (10/18/2021)

This is my update on Fantom chart from few days ago.We continue to be ranging between $1.90-$2.35 and I do expect that to continue for few more days possibly weeks, after such strong rallies it is to be expected and is also a positive sign of things to come.There are some rumors flying around at the moment and if they do become reality I can see Fantom exploding in market valuation and therefore it's price. In terms of price targets the first would be area around $3.34 although depending on the catalyst I can see the price climbing higher to around $3.9-$4.2 where I would expect short term correction.Invalidation under $1.75.