Will the Falling Wedge hold or fail? Plot your targets on the chart.
Reversal pattern. Price likely to break upwards.
Gradual reversal from bearish to bullish.
Reversal pattern after a downtrend.
A clear signal has emerged for Fair Isaac (FICO) on the daily chart. Currently at $1096.48, the asset is showing downward momentum (-2.69%). Price action has carved out a classic Double Bottom. This setup is supported by strong volume turnover. A potential breakout level is identified at $1323.35, targeting $1600.48 with support near $1184.78 (R:R 2.0).
What is your outlook on FICO?