Stop what you’re doing and check $FOLKS at 8.67.
This one is showing serious weakness...the recent rallies are failing and sellers are stepping in aggressively.
This is a SHORT setup.
Entry zone is 8.65 to 8.70.
First target is 8.30.
Second target is 8.00.
Stop-loss is 8.80.
The reason is clear: the structure is breaking down, and every bounce is being sold. As long as $FOLKS stays below 8.70, the downside momentum remains intact.
This is a controlled short...manage your risk and let the trade play out.


