Technical analysis by TradingNomadic about Symbol CFX: Buy recommendation (1/16/2025)

Looking for a move above the local 618 for confirmation, but the first target would be the top of the range for the Sign of strength. Typically youll see a partial decline of sorts, which would then statistically favor a breakout into extension targets at the 1.618, and the measured move a bit higher. With daily and 3 day volatility still contracting, it could take a little time but momentum has shifted upwards, and bias remains higher without a new low.