The price is no man's land but recent weakness may give an opportunity to enter long - FYI the company will report May 7, 2013 after market close..if price pushes above 40-day ema will be a good long candidate but conservative traders can wait the earning to see where this heads from there. Join us woowtrading.net
Price held the lower of the channel the chance to fill the gap is 50/50 but there is one more swing upside trade within the channel provided the price holds 81.88 level
support trend line is still holding, but stock is testing it's all time high of 07/2011, RSI is also trend down. you cannot see it on the chart (possible bug) but volume today was a staggering 13.4 million shares , the 3 month avg is 1.4 million shares. So , is there momentum behind this or is it a good short candidate
{iDOJI} $FOSL 60 minute. On the IBD50. The daily bar is really un-settling that this name is headed down, however, it acts well on trend provided you are studying the 60 minute. Follow me on Twitter @BeautyBubble.
