Posted On: 03/17/2014 8:12:42 AM
Post# of 56324
Good Morning FITX
Here is the daily chart!!
http://stockcharts.com/h-sc/ui?s=FITX&p=D...listNum=17
Fast stochastic has crossed back to the upside.
Full and Slow Stochs are crossing positive again
MACD is still trickling a little lower, but will be turning positive very soon.
We are 2 days from hitting the trend line going sideways. There are 3 scenarios that could happen.
1. We start moving upwards today and pull away from the trend line to the upside and start climbing.
2. We break thru the trend line Wednesday and just continue to move sideways. This will lower the angle of the trend line.
3. We break thru the trend line and test the . 045 low again.
One last thought is we play out like March 4th. We climb the trend line to . 1485 by March 28th, correct on April 1st to . 08- . 10 then for rally right back to . 15.
Peter
Here is the daily chart!!
http://stockcharts.com/h-sc/ui?s=FITX&p=D...listNum=17
Fast stochastic has crossed back to the upside.
Full and Slow Stochs are crossing positive again
MACD is still trickling a little lower, but will be turning positive very soon.
We are 2 days from hitting the trend line going sideways. There are 3 scenarios that could happen.
1. We start moving upwards today and pull away from the trend line to the upside and start climbing.
2. We break thru the trend line Wednesday and just continue to move sideways. This will lower the angle of the trend line.
3. We break thru the trend line and test the . 045 low again.
One last thought is we play out like March 4th. We climb the trend line to . 1485 by March 28th, correct on April 1st to . 08- . 10 then for rally right back to . 15.
Peter
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