Technical analysis by Traders_Notes about Symbol FIL on 5/29/2025

FIL — Fractal Repetition? Third Wedge Formation Under Long-Term PressureFIL is forming its third wedge pattern within a broader downtrend that has lasted for over 2.5 years. The chart reveals a clear fractal symmetry, where each previous wedge was followed by a strong upward breakout.Currently, the price shows signs of a local uptrend and accumulation near the lower boundary of the channel — increasing the probability of a rebound. Immediate targets are $4.38–$4.81, with potential for further upside.