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MrLowStep

$FN sets up a pivot

Long
Fabrinet (BATS:FN)  
MrLowStep Updated   
BATS:FN   Fabrinet
Chart Patterns Trend Analysis
3
4
chartpattern trendanalysis
Follwing surprise earnings and an upgrade to Buy, FN is setting up a pivot for continued price expansion. Let the market digest recent gains for a while and we should see re-ignited moves soon.
Comment:
Retracing on low volume to bounce on the EMA8 with higher volume on Friday is supportive of the thesis
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