Technical analysis by algola about Symbol S: Buy recommendation (12/23/2023)

ftm looks great on the daily chart right now. He's made a dish... Fibo 0.786 resistance 0.55 can make a hard move if it can get above this figure. It doesn't matter whether it is a general coin or a stock, when the Fibo numbers work well and especially when you exceed the number 0.786, bar lengths also increase. That's why I care about the number 0.55. I indicated the bowl target on the chart. So 0.94 is an increase of approximately 80-90%. Those who will make purchases should either see its permanence above 0.55 or buy gradually. resistors: 0.55-0.65-0.78 support: 0.47 (also my stop level) which corresponds to fibo 0.618 golden number