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Peet_Serfontein

FAST: some correction?

Short
Fastenal Company (NASDAQ:FAST)  
Peet_Serfontein  
NASDAQ:FAST   Fastenal Company
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Below 54.00 supports a bearish trend direction.
Increase short exposure for a break below 53.00.
The target price is set at 51.00 (lower range of the inclining channel pattern).
The stop-loss is set at 56.00 (upper range of the inclining channel pattern).
Downside price momentum is applicable.
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