FNV is trading in a descending channel. In its latest upswing, it has gone above the upper trendline of the channel. It has also gone above the neck (yellow line) of the double bottom formation, which is now acting as support. Bullish trend on Squeeze Momentum indicator. Move bullish volume than bearish volume in current upswing. If it doesn't lose the yellow line support, FNV to go up. Next hurdle at 150. And then 160.