Hello, trading view community. Should you like this analysis please support with likes and comment your idea below the analysis. Thanks. Never risk more than you can afford to lose. Always DYOR. FIL is one of those gem which is really undervalued, it has already retraced approximately %88.94, from april 2021, to april 2022, which means that it retraced for more than a year.
it is struggling with the monthly support level $21.53, (in red) in case FIL breaks down the this level it may reach to $16.86 weekly support level (in blue), and if FIL receives a good support from its current support zone it may jump up to above daily resistance level $25.42 (in green).
This is personal idea and I am not a financial adviser.
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