Upper resistance line

HIFI is trading within a triangular pattern, attempting to break through the upper resistance line at the 0 Fibonacci resistance level. A successful breakout could lead to challenging the next resistance level.

5/28/20241 min read

Price chart of HIFI showing a triangular pattern with the upper resistance line at the 0 Fibonacci r
Price chart of HIFI showing a triangular pattern with the upper resistance line at the 0 Fibonacci r

HIFI is currently trading within a triangular pattern and is attempting to break through the upper resistance line, which coincides with the 0 Fibonacci resistance level. Successfully breaking this resistance would pave the way for HIFI to challenge the next resistance level.