Brothers, look at the FOLKS chart, isn't it a beautiful recovery phase? The green candles are lining up, breaking through some old resistance levels, it's a sight for sore eyes. A few days ago, I thought it was heading far away, who would have thought the buying power came in so strong.
The indicator also seems to be supporting the buyers, with several MA lines crossing nicely, and the RSI is showing a positive trend. The way it bounced back from the bottom feels like a car speeding down the highway!
However, be careful guys. This market always has surprises. Whether this rebound is sustainable or just a bull trap remains to be seen. Don't rush to go all-in. Keep a close watch and wait for clearer signals before taking action. But, there are still opportunities; those who like to take risks can consider entering a small portion, placing stop-loss carefully.
Overall, this FOLKS is showing positive signals, but it still needs more time to confirm the trend. Wishing you safe and effective trading!
#FOLKS #FollowMePls #Like the post #Thank you #ABB920 #Tips