$FTM is attempting a breakout to the up side, and is now trying to break resistance at $0.6471. This is after a short term pullback in an Elliot wave 4, targets between $0.6076-$0.5608.

A wave 5 is just getting started, having the targets at the fib level 1.618 at $0.9342.

In the next few hours watch for a break above $0.6471 and $0.7641 which are significant highs in this breakout.