Can Fanar Contracting (FNAR) make the unexpected rally to 2.45?
1-hour chart,
Note: Using Heikin Ashi candlesticks because of the low volume - and this is not suitable for daily trading.
Fanar Contracting (FNAR) seems trying to rebound to test resistance. The target is 2.10
After crossing the resistance, the longer-term target will be 2.45
Tech. indicators RSI and MACD are positive. However, the low trading volume decreases the accuracy.
Note: Using Heikin Ashi candlesticks because of the low volume - and this is not suitable for daily trading.
Fanar Contracting (FNAR) seems trying to rebound to test resistance. The target is 2.10
After crossing the resistance, the longer-term target will be 2.45
Tech. indicators RSI and MACD are positive. However, the low trading volume decreases the accuracy.
Trade active
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.