After a prolonged downtrend, FIG is showing signs of stabilization, with price consolidating in the 20–25 range and attempting to reclaim the 20EMA — an early signal of momentum repair. If the stock can hold above the moving average and begin forming higher lows, the structure could shift from base-building to a broader recovery phase. In that scenario, the short-term target comes in near the $40 resistance zone. However, until a confirmed breakout develops, the move remains a recovery attempt within a larger corrective trend. Key focus: confirmation of trend reversal toward $40.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.