NASDAQ:FWONK - Nasdaq - US5312297550 - Currency: USD
Taking everything into account, FWONK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FWONK is showing a nice and steady performance.
FWONK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 97.68, a Stop Loss order could be placed below this zone.
74.52
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
102.21 | 96.12 | 6.09 (5.96%) | 16.78% |
An entry @102.21. This is a Buy Stop order right above the resistance zone. | An exit @96.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.09 points, which is 5.96%. | For a 1.00% total portfolio risk, you can invest 16.78% of your capital in this trade. |
97.69
+0.85 (+0.88%)