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August 25 Chart of the Day - Freshpet

Highly precise price action technical analysis offers the strongest trading edges and the most opportunities across the markets, making it the foundation of our reviews.

Freshpet (FRPT) has been in a desperate search of a bottom, with price action carving out lower lows as investors wrestle with whether value is emerging or if more pain lies ahead.

Traders and investors know all too well that trying to catch a falling knife can cut you, and this chart reminds us that patience and discipline often outweigh impulse when a stock is still in free fall.

We'll review the chart from a price action perspective to identify potential levels of interest in both directions.

Consistent profitable investing and/or trading requires a structured, rules-based approach to price action analysis. Proven processes, disciplined risk-reward management, and precise execution create the foundation for long-term success.

When combined with powerful mental performance strategies, this method becomes the ultimate blueprint for thriving in any market, on any time frame. 

As requested, this analysis will take a price action technical analysis approach to assess key levels and potential next price moves for this chart.

Since May 2023, we've showcased over 575+ Charts of the Day and provide a Free Quick Start Guide to traders with ambitious income goals for our patent-pending NeuroTrading Method™.

Monthly Chart 

Freshpet monthly price action technical analysis review

From its euphoric peak near $187, price has collapsed to the mid-$50s, finding only temporary support along long-term trendlines and fib levels. The monthly chart shows how fragile this zone really is, while the weekly chart makes clear that momentum remains firmly to the downside.

With plenty of volatility traders have had much to be happy with while investors seemingly have been disappointed.

This kind of movement highlights why a cautious and well-informed approach is essential when evaluating a stock’s short to mid term outlook.

Weekly Chart

Freshpet weekly price action technical analysis review

The weekly chart sharpens the picture. After failing near $80, price rolled over and is now approaching potential support levels.

A breakdown here exposes measured move targets as low as the $50-$52 zone, even $30 is not out of reach if momentum persists. Until fresh demand steps in, the path of least resistance remains lower.

Technically speaking, this is not the time to play hero. Patience and discipline remain the edge — and sometimes the best trade is waiting for structure to confirm.

It goes without saying though, the only guarantee in the markets is that price cycles.  It cycles up and it cycles down across all time frames and all charts and rarely, if ever, moves in a straight line.

Only time will tell for sure what price will do next...

We’ve combined Fibonacci levels with key support/resistance zones and trend analysis to pinpoint potential price levels of interest and future targets.

With precision-focused charts like these, both traders and investors can confidently build and execute their strategies.

So what's next? 

We don't make predictions...

Nobody knows for sure but using these 5 price action tools traders and investors can develop levels of interest in both directions.

  1. Support/Resistance
  2. Trend
  3. Fibonacci 
  4. Supply/Demand Zones
  5. Change Control Zones

ChartPros provides the exact methodology in its price action technical analysis courses to create charts like this with the most precise and accurate levels from which investors and traders can formulate their respective trade plans.

Take a look at the charts and let us know what you think.  We'd like to hear from you in the comments sections.

Because You Were Interested in today's FREE Chart of the Day...

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