Technical analysis by bcd1 about Symbol FET: Buy recommendation (12/15/2024)

The channel structure on the 3-day chart shows that a strong trend is continuing and price movements are finding direction regularly. This structure indicates that a "cycle" process has begun. In the short term, the $3 target seems to be a highly attainable level. However, I think the real movement will begin after the $3 level is passed. In the medium term, it would not be wrong to say that the $15 level is a completely attainable target. I think that if the channel structure works healthily and the cycle is completed successfully, we will reach the medium-term target.