Technical analysis by BroLal about Symbol FIL: Buy recommendation (11/14/2025)

Price has been respecting a descending channel since the breakout on November 7. Channel shows consistent lower highs and lower lows with declining volume. Current candle testing upper boundary of the channel, signaling potential breakout. Price approaching key resistance at $2.23 (confluence of EMA50 and horizontal level). MACD shows bullish crossover with histogram turning positive. RSI recovering from near-oversold, holding above 47 with slight bullish divergence. EMAs (50/100/200) converging, indicating compression and likely volatility ahead. Break and close above $2.23 may open path to $2.69. Failure at $2.23 could trigger a drop back to $1.80 or $1.48. Volume confirmation needed to validate breakout. Watching for retest of the channel breakout zone before any long entries. Key Levels: Resistance: $2.23 / $2.69 Support: $2.00 / $1.80 / $1.48 Trade setups: Long above $2.23 with target at $2.69, stop below $1.98 Short on rejection at $2.23 with targets at $1.80 and $1.48, stop above $2.30