NASDAQ:FORL - Nasdaq - US35088F1075 - Common Stock - Currency: USD
Taking everything into account, FORL scores 9 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, FORL is showing a nice and steady performance.
Besides having an excellent technical rating, FORL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.29, a Stop Loss order could be placed below this zone.
10.50
We found 2 important support areas.
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 |
---|---|---|---|
11.35 | 11.17 | 0.18 (1.59%) | 25.00% |
An entry @11.35. This is a Buy Stop order right above the resistance zone. | An exit @11.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 1.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%. |
NASDAQ:FORL (3/6/2025, 8:00:01 PM)
11.33
+0.01 (+0.09%)