Volume move through buy zone, big money just noticed $FFIE
The blue zone on the chart is where price made a significant move in May 2024. Recently price was near flat-lined just below that zone and I'm sure there was considerable quiet buying. Price has moved through the buy zone with record volume and strong bullish price action (This correlated to a car show appearance?). Now there has been a very structured 7 day pull-back to the bottom of the May 2024 zone and price is sitting on the 50 SMA.
What I am looking for;
I expect that price will begin moving higher in irregular spits and sputters (the diarrhea play). This is how those big money asses take money, well I'm on to them, I have
FFIE at the top of my watchlist and I'm ready. If I were to use an example for the price action I expect with FFIE I would look at the 1 year daily of 
DBI and see that each large move resulted in a retrace to the opposite channel line. (gap up moves back to lower channel, gap down moves to top channel.)
The play;
Wait for violent retests that shake out the sweaty paper hands and follow price action.
I day trade only and I use the box method and 5 min breakout trading approaches, good luck.
What I am looking for;
I expect that price will begin moving higher in irregular spits and sputters (the diarrhea play). This is how those big money asses take money, well I'm on to them, I have
FFIE at the top of my watchlist and I'm ready. If I were to use an example for the price action I expect with FFIE I would look at the 1 year daily of DBI and see that each large move resulted in a retrace to the opposite channel line. (gap up moves back to lower channel, gap down moves to top channel.)The play;
Wait for violent retests that shake out the sweaty paper hands and follow price action.
I day trade only and I use the box method and 5 min breakout trading approaches, good luck.
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