Hi all,Here's a chart showing how FTE could break soon.A...

Hi all,

Here's a chart showing how FTE could break soon.

A symmetrical triangle is well formed, with SP reaching the point soon. Today it bounced off the uptrend line after having repeated attempts at breaking the downtrend line.

Also, the Bollinger Bands have squeezed, a sign of a break of sorts (we don't know which way). At the moment, SP is in the lower half of the bands but if it goes above the purple downtrend line it will get into upper half of the bands (during a squeeze) from where it could go up as it has previously (seen twice on this chart).

Finally, SP is remaining above the 150 day moving average which is usually a good sign regarding the health of a stock.

Any other analysis would be greatly appreciated.

Cheers
10cents