FIL

In terms of the general trend, FIL has been oscillating at the bottom for more than a year. Although it occasionally tries to break through, it fails every time, showing that the pressure from above is still very high. Some people will sell when there is a slight rise, and in the long-term bottom oscillation, many short-term investors will also take profits at the pressure level.

Logically, the longer the bottom oscillation time, the greater the potential for later rise. At present, FIL is in a large-scale bottom stage that tends to triple bottom. Throughout the oscillation range, the second wave of bullish volume is greater than the first wave, showing that the bullish force is increasing. This shows that the high point of the entire bottom is gradually rising.

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