NASDAQ:FRSX - Nasdaq - US3455232039 - ADR - Currency: USD
Taking everything into account, FRSX scores 0 out of 10 in our technical rating. FRSX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FRSX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.59, a Stop Loss order could be placed below this zone.
0.58
When analyzing the support we notice one important area.
We found 1 important resistance area.
0.6325
-0.02 (-3.44%)