Franklin FTSE Saudi Arabia ETF Price & Performance (FLSA)

The Franklin FTSE Saudi Arabia ETF (FLSA) is testing critical resistance at $35.34. Analysts suggest a potential upside to $36.42 if resistance is broken, while a downside target of $34.44 is noted if resistance holds. Stop-loss levels are advised to mitigate risks during these trading scenarios.1

FLSA's technical indicators highlight $34.26 as a key support level, marking a buy signal if tested. Conversely, resistance at $35.34 triggers short opportunities. Day traders and swing traders are closely monitoring these levels for potential price movements and setting stop-losses to safeguard positions.1

Updated trading plans for FLSA emphasize buying above $35.34 with a target of $36.42, while shorting near $35.34 aims for a downside of $34.52. These strategies underscore the importance of resistance and support levels in guiding investment decisions for this ETF.1