TA on Farfetch Ltd(FTCH)

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  • #42982

    Nigel

    Hi Wei Ren,

    Can bother you to provide  TA on Farfetch Ltd(FTCH).

    Thanks and best regards,

    Nigel

    #42997

    Research Department

    Hi Nigel, 

    Please see the chart attached. Thank you. 

    #43157

    Nigel

    Hi Wei Ren,

    Last night Farfetch Ltd(FTCH) closed at 44.22, already broke through the resistance area, in your view how will it go?

    #43159

    Research Department

    Hi Nigel,

    Good question. Farfetch has briefly broke above the resistance zone with a bullish Marobozu. However, we do need two successive candles to be above the resistance zone and highly the stock is targeting US$50.00 in the short run.

    Lon term view I believe that US$60.00 will be the next resistance price.

Viewing 4 posts - 1 through 4 (of 4 total)

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