Yesterday I made an analysis on FTM. I argued that a wedge break out was at hand and that we're going to see more bullish volatility in the near future.
In retrospect, I was too early with making the call for a break out. After re-testing the support last night, investors were finally ready to jump on FTM and ride the break out.
My earlier target at $2.30 has been reached. New target is placed at $2.45, the current all time high.
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