Swing Trading Plan
Holding Period
2-7 trading days
Expected figures are probability-weighted from our historical pattern database; Trade R:R is measured from the entry, target and stop levels.
Current Setup
FRHC is forming a three white soldiers pattern at 160.80 with excellent structural integrity (15.0/15.0) and solid breakout potential (11.7/13.0). The pattern sits between key support at 140.01 and resistance at 172.24, just 11.22 points below the measured move target of 171.02. Volume confirmation is strong: relative volume stands at 2.35x the 20-day average (197,003 shares vs. 83,902 baseline), signaling institutional accumulation. The overall score of 79.5/98 reflects a high-quality setup with 54.73% win probability. RSI at 59.53 indicates neither overbought nor oversold conditions, positioning the stock favorably for continuation.
Stock Context
Freedom Holding Corp reported financial results for the quarter ended June 30, 2026 on August 10, 2026. Revenue reached $732.53 million with net income of $31.66 million and earnings per share of $0.52, demonstrating fundamental momentum that precedes the pattern formation. On July 31, 2026, FRHC completed acquisition of approximately 99.32% of Turkish Bank A.Ş. for $33.4 million, expanding its geographic footprint. S&P Global Ratings raised long-term issuer credit ratings to 'BB-' from 'B+' in June 2026 on multiple Freedom Finance entities, validating credit quality improvement. Total customers across banking, brokerage, insurance and other segments rose to 8,743,000 as of June 30, 2026, showing organic growth. The post-earnings rally combined with strategic acquisitions and credit rating upgrades provides fundamental support for technical breakout.
What to Expect
A successful three white soldiers breakout targets 171.02 (conservative measure), representing a 6.4% gain from current price. Invalidation occurs on close below the key support level of 140.01, a -13.1% decline that would signal pattern failure. Volume should sustain above 150,000 shares on the breakout candle to confirm institutional participation. The 54.73% win probability suggests better-than-coin-flip odds, but downside risk equals nearly 2x the upside move, requiring strict risk management. Historical data shows three white soldiers patterns succeed when volume confirms and RSI avoids extreme overbought conditions—both conditions are present here.
Risk Factors
Insider selling pressure emerged: CTO Renat Tukanov sold 2,700 shares on August 13, 2026 at $151.25 per share, occurring just days before this pattern detection. FRHC remains unprofitable and cash-flow negative despite revenue growth, with P/S ratio of 4.15x still elevated, indicating valuation risk in market downturns. The stock sits 17.12% below its 52-week high, suggesting possible overhead resistance from trapped longs. Beta of 0.37 masks sector exposure: the Finance sector regime scores only 0.54 (moderately bullish), weaker than the broad market's 0.90. Elevated volatility at 20-day level of 44.66% could whipsaw breakout attempts. The earlier higher_lows_volume_spike pattern (29 days old) may be overextending if not properly confirmed by the three white soldiers structure.
How We Find and Score This Setup
We scan more than 6,000 NYSE and NASDAQ stocks every trading day and compare each detected pattern against a database of 370,000+ historical detections. Every setup is scored across three dimensions: Structure, Volume, and Breakout Readiness. Win probability is a calibrated estimate of how similar historical setups performed over the following 10 trading days. This is a swing trading tool built for multi-day holds. It is not built or tested for day trading.
Frequently Asked Questions
Is FRHC a good swing trade?
FRHC scored 80 out of 98 on our three white soldiers scan, with a 55% historical win probability over a 2-7 trading days hold. Strong setup based on our systematic scoring.
What is the entry, target, and stop loss for this setup?
The setup's reference price is $160.80, with a conservative target of $171.02 and a stop loss at $152.63.
What would invalidate this three white soldiers setup?
A close below the stop loss at $152.63 would invalidate the setup and suggest the pattern has failed.
How is the win probability calculated?
Win probability is a calibrated estimate of how similar historical three white soldiers setups performed over the following 10 trading days, drawn from a database of 370,000+ historical pattern detections across 6,000+ NYSE and NASDAQ stocks.
Market & Sector Regime
Market
Bullish
0.90
-1.0
0
+1.0
Finance Sector
Bullish
0.54
-1.0
0
+1.0
Other Patterns Detected Today
Higher Lows Volume Spike
29 days in pattern
Good
32.0