Dec. 7 at 5:18 AM
#SwingTrading
NOT FINANCIAL ADVISORY
$FRSH — Freshworks Inc.
📉 Price:
$12.84 | 📊 Volume: 2.94M vs 30D avg 4.2M
📌 RSI: 18.76 (leaving oversold zone)
📈 DTR/ATR: 120% ~ volatility spike
🔍 Setup:
▶️RSI Cloud deep in oversold territory
▶️Price hugging lower MA bands
▶️Volume below average, but sell % only 34% ~ signs of exhaustion
▶️Support zone holding near
$12.50
⚠️ Watch for:
⏱️Bounce confirmation above
$13.00
▶️Volume uptick with RSI divergence
🚨Risk: breakdown below
$12.50 triggers flush
🧠 Thesis: Oversold bounce candidate with tight risk. Needs volume + RSI lift to confirm.
#FRSH #TechnicalAnalysis #SwingTrade