Stock has bottomed out at 6.93
Analysis of stock’s price action shows that FIGS has probably reached the bottom at 6.93 and is likely to start establishing itself between 7 and 13. It seems a bearish sentiment which started since 2021 has finally come to an end. Strategy should be focused on taking advantage of price weakness rather than chasing the price.
Opportunity to buy dip
Although the downside risk still persists, analysis of historical performance and trend points to possible change in sentiment during 2023. In an optimistic case FIGS price can reach a range between 28 and 50 by 2025. Given the pattern, buying opportunity arises if price falls between 7 and 9.
Analysis of stock’s price action shows that FIGS has probably reached the bottom at 6.93 and is likely to start establishing itself between 7 and 13. It seems a bearish sentiment which started since 2021 has finally come to an end. Strategy should be focused on taking advantage of price weakness rather than chasing the price.
Opportunity to buy dip
Although the downside risk still persists, analysis of historical performance and trend points to possible change in sentiment during 2023. In an optimistic case FIGS price can reach a range between 28 and 50 by 2025. Given the pattern, buying opportunity arises if price falls between 7 and 9.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。