Franklin FTSE Canada ETF Price & Performance (FLCA)

The Franklin FTSE Canada ETF (FLCA) is nearing its resistance level of $38.36, triggering short opportunities with a downside target of $36.79. Conversely, a break above this level could signal a buy with potential gains toward $39.8. Traders are advised to monitor for price movement beyond these thresholds.1

FLCA's support level at $36.86 is drawing attention as a potential buy signal with an upside target of $38.32. If resistance at $37.73 is tested, a short position targeting $37.35 is advised. Traders should maintain stop-loss levels to manage risks during these market fluctuations.2

Recent analysis of FLCA suggests varying strategies: day traders might buy above $37.56 aiming for $38.36, while swing traders consider positions above $37.61 targeting $38.32. Both scenarios emphasize the importance of stop-loss levels to mitigate potential downside risks during volatile trading sessions.12