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FTCH is prone to big swings and this setup looks ripe

FTCH is prone to big swing and this setup looks ripe.
Last swing, from 6.52 to 12.89 took only 6 weeks. It was also triggered by earnings report.
Current setup is even more favorable for upward movement than what it a quarter ago.
If earnings report (17th, after the bell) is favorable, I believe bulls will push it all the way up to $16.5 - $17.5 range.
If it fails to react on earnings, just get out.
Last swing, from 6.52 to 12.89 took only 6 weeks. It was also triggered by earnings report.
Current setup is even more favorable for upward movement than what it a quarter ago.
If earnings report (17th, after the bell) is favorable, I believe bulls will push it all the way up to $16.5 - $17.5 range.
If it fails to react on earnings, just get out.
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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。