Bullish Divergence playing out

Wait 5 sec.

Bullish Divergence playing outFigma, Inc. Class ABATS:FIGibraheeemzFIG is in long term downtrend, but recently started showing positivity, i.e. huge volume coming in with the price movement which indicates institutional buying is happening. Clear bullish divergence can be seen which is playing out. It formed a trendline resistance, and beautiful morning start kind of pattern near the trendline. With recent earnings boost, I think FIG will shoot up, and break the trendline. 23 will be immediate resistance, while 33 is the trend reversal level to watch. It shouldn't close below 18.5(SL) if it has to continue higher.