Firan Technology (FTG.TO) first caught our attention on Monday after appearing on our momentum scans while consolidating within a clear continuation pattern.
By Tuesday, the stock broke above the pattern, prompting us to alert readers once again about the developing setup. Now, the breakout has materialized, with price action surging 10% since the initial call. The move confirms the bullish momentum and highlights the power of this technical setup in driving robust gains!
Initial Chart Shared in the Report on Monday, January 20, 2025:
Chart Used in Thursday’s Report on January 23, 2025:
Follow-Up Chart After the Move:
This is a textbook example of the power of momentum scans and technical setups in identifying strong opportunities.
What to Do Now:
Keep an eye on Firan Technology for follow-through momentum. Consider monitoring key levels and setting stops to secure gains as the breakout develops.