FET +40% Wedge Breakout Swing Opportunity on Daily Chart

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Forum Energy Technologies, Inc. (NYSE:FET)

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NYSE:FET Forum Energy Technologies, Inc.

trendline wedgepattern volumestudies swingtrading wedgebreakout breakout wedgepatterns breakoutsignal

We are now at the apex of a large wedge forming on FET since June '20. Breakout spot is over 0.62. Wait for high relative volume + confirmation of breakout.

Target 1: daily resistance at 0.72
Target 2: 200 ema on daily chart
Target 3: $1.00 major resistance

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