Technical analysis by chethanlobo11 about Symbol FIO: Buy recommendation (8/19/2025)

FIO has been consolidating in a symmetrical triangle since April, with lower highs and higher lows compressing price into a tight apex. Recently, price broke above the upper trendline near 0.0205 and is now retesting the breakout zone around 0.019–0.020. 📊 Technical Outlook Triangle breakout confirmed with volume expansion. Current retest is on lighter volume, which is constructive. Short-term MAs are flipped beneath price, supporting bullish structure. 📈 Upside levels to watch 0.0215–0.0220 (immediate resistance) 0.0240–0.0255 0.0280–0.0300 0.0330–0.0350 🔎 Measured Move Target Triangle height ≈ 0.019 Breakout projection → 0.0205 + 0.019 ≈ 0.039–0.040 ⚠️ Invalidation Daily close below 0.0185 risks a failed breakout and return inside the pattern. Deeper breakdown <0.0170 opens 0.0150.