FTM Short: Overextended and Overbought pullback

SUMMARY: Short, can see a pullback range $0.75 - 1.00.


Overbought, expect quite a significant pull back at a 1100% gain in a month.

Kommentera:

First technical target hit from the smaller H&S:

Kommentera:

Looks like an ABC correction in play, if it is rejected from the 0.618 Fib level. Correction target is $1.00 zone.