Will the Elephant's legs too BIG to shatter its Lower Channel?

7 wrz 2019

FBNH has been operating within the confine of a channel since 2018, now the stock price is attempting another touch of the lower channel. Will the lower channel reject the price at this level or the elephant will be too strong for the lower channel to carry its weight? Coincidentally, lower channel is also at a support zone between 3.77 & 3.57. Price rejection at this zone is critical for the stock for an uptrend to commence

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