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Is FT preparing to trend higher? 50 Day Moving Average Support shows up after sliding 1.07%
FT finished lower by 1.07% on Wednesday, September 17th, trading 2.2 times its typical volume. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 7.75, 7.69 & 7.58, with resistance at 7.92, 8.03 & 8.09.
Current SwingTradeBot Technical Rating of FT: C
Just a sneak peek — check SwingTradeBot.com for the full story on FT.
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