After its sharp price move last August 16, FPH failed to resume its uptrend. In a horizontal view, FPH looked like it broke above its range with resistance at 58.50 / 59.50, but the three black candles that formed last week indicated a hesitation to trend up from there. Last Friday, FPH slightly gapped down but found support at its prior resistance at 58.50. If it is able to hold above this level, then FPH may still be able to trend up from here. I drew a (red) upward channel, assuming last Friday's low will be the start of the formation of a higher low. If FPH is able to follow this trend line, then it may already be targeting 65.
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