TFD : A breakout above the 1.24-1.26 resistance will be very bullish

TFD has a major barrier at 1.24-1.26, when passed will give a technical target nearer 1.8

For now it needs to hold above 1.10 to keep it safe, with a breach here pointing to 1.02-1.03 as the next support.

Like so many stocks, what’s required for some fun and games here is a big surge in volume. Current levels are just 3-5m shares a day, but when it went crazy a couple of weeks back flows were well above 100m shares / day for a short while. It needs a repeat of this if it is to get near the 1.24-1.26 range over the next couple of days.

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