FGEN on Range-Bound price action
First Gen Corporation
FGEN is on a Range-Bound price action with immediate resistance around 23 and immediate support around 20.90.
Trading Plan
- Trade the range:
FGEN is on a Range-Bound price action with immediate resistance around 23 and immediate support around 20.90.
Trading Plan
- Trade the range:
- Buy near or around support.
- Set stop-loss a few points from support breakdown and ideally, maintain at least 1:2 risk/reward ratio (around 19.85~20 zone).
- Initial TP = 23
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