1.) Possible (long) wolf wave pattern in FSL. 2.) Stock is in down trend since July 2021 and continuously making lower high and lower low. 3.) However, the recent price action is depictive of a possible wolf wave formation in FSL. 4.) Since the overall market sentiment is negative currently, long trade should be taken cautiously depending upon the conditions. 5.) major support and resistance levels are highlighted in the chart.
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.