Very strong stock that is getting beaten down lately. FUTU had a stellar Earnings report but has gone up a lot in last year so consolidation was expected.
Both support lines are 100% projections from previous corrections. First one around 117 was undercut so I believe price will go down to 100$ and than bounce back to ATH.
This is not an investment advice, just opinion of a beginner trader/investor.
Good luck out there to all FUTU holders!
Both support lines are 100% projections from previous corrections. First one around 117 was undercut so I believe price will go down to 100$ and than bounce back to ATH.
This is not an investment advice, just opinion of a beginner trader/investor.
Good luck out there to all FUTU holders!