After consolidating in a range and correcting for ~ a month, FFTM looks ready to thrust into a wave 3 that has the potential to double its price after the completion of 5 waves.

I remain bullish on this project given the new branding, but more importantly, the technical indicators have also shown a strong bullish divergence on the 8hr TF and the wave counts look fantastic.

Be careful to manage your risk as we could still correct further. The most recent impulsive wave looks to have an awkward correction, or I've counted this incorrectly.

Elliott WaveWave Analysis

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