Are you waiting for FPH to correct soon? Maybe your wait will not take that long after we see a Hanging Man on our FPH chart today. The hanging man is a bearish reversal pattern seen at the top of an uptrend. Bearish Hanging Man Pattern signals that selling pressure is starting to increase. The [...]
FPH still has a big upside compared to other stocks within its group but the rise of FPH is quite fast and we have seen few supports that haven’t been tested yet like the 105, 100 and 95 levels. Will the immediate support be tested this time before reaching its fair value or it will [...]
Hammer at the bottom of the downtrend signifies a trend reversal. It was confirmed today by having a large green candle with good volume. This is now bullish. Caveat!