FTNT fell from a large rising wedge pattern. Did not meet cup and handle targets.
In a falling wedge at this time. Falling wedges can be bullish at the bottom and signal reversal in trend. A stock must break from the falling wedge in a clear uptrend, but this is not exactly the bottom.
There is a gap right under 89ish which would be the last line of support
I am hoping it doesnt go that low...but it is an unfilled gap )o: There are several support areas before that..so maybe FTNT will land soon
Not a recommendation
In a falling wedge at this time. Falling wedges can be bullish at the bottom and signal reversal in trend. A stock must break from the falling wedge in a clear uptrend, but this is not exactly the bottom.
There is a gap right under 89ish which would be the last line of support
I am hoping it doesnt go that low...but it is an unfilled gap )o: There are several support areas before that..so maybe FTNT will land soon
Not a recommendation