TSX-V:FYL - TSX Venture Exchange - CA3178891030 - Common Stock - Currency: CAD
Overall FYL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FYL is showing a nice and steady performance.
Besides having an excellent technical rating, FYL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.10, a Stop Loss order could be placed below this zone.
0.08
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
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 |
---|---|---|---|
0.12 | 0.09 | 0.03 (24.69%) | 4.05% |
An entry @0.12. This is a Buy Stop order right above the 10 day moving average. | An exit @0.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 24.69%. | For a 1.00% total portfolio risk, you can invest 4.05% of your capital in this trade. |
TSX-V:FYL (5/9/2025, 7:00:00 PM)
0.105
0 (0%)