Technical Pattern: FABL has formed a bullish flag pattern with a target of 47.
Indicators:
RSI: Showing a bearish divergence. Daily Channel Top: Closing with high volumes. Trade Recommendation:
Neutral Stance: I suggest staying neutral for now. Trade Option: If you choose to trade, consider buying at current levels. Risk Management: Use trailing stop-loss initially, otherwise set SL at 40.70, with the next SL at 41.7 (closing basis only). Wishing you profitable trades! 📊📈