LON:GFTU - London Stock Exchange, The - IE00B00MZ448 - Currency: GBX
We assign a technical rating of 1 out of 10 to GFTU. GFTU 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, GFTU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 881.11, a Stop Loss order could be placed below this zone.
799.17
3 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
LON:GFTU (4/25/2025, 5:29:56 PM)
885
+15.5 (+1.78%)