After hitting the strong support at 0.30 yesterday, FIO is seeig a very strong reversal happening as we speak, gaining more than 23% in a matter of hours.
Seeing that FIO was previously trading in a very nice channel, I'm assuming that investors want to push FIO back into this channel and trade inside of it.
In case you're eager to trade the channel, wait for the price to enter the channel again.
Happy trading!
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