Posted On: 06/29/2014 4:49:29 PM
Post# of 2561
$FITX Daily Chart ~ Getting Ready for Another Entry
Months after our swing trade in FITX from .002s to as high as .1149, the chart is beginning to suggest that it's time to re-enter the stock. The will be plenty of material news announced over the next few weeks. Since the stock topped in the .11s, it has gradually churned to as low as .0409. Thursday saw an intraday dip to .046, just .003 above the MA200. The FullSto and MACDs having been trending in a sideways moves for sometime now, but it looks like a bit of curling to the upside is underway. The CMF just crossed back into positive territory. Most all indicators are in oversold territory. While not a guarantee of a bottom in place, the stock is certainly cheaper now than at anytime during the last 4.5 months. On watch for now. GLTA
Months after our swing trade in FITX from .002s to as high as .1149, the chart is beginning to suggest that it's time to re-enter the stock. The will be plenty of material news announced over the next few weeks. Since the stock topped in the .11s, it has gradually churned to as low as .0409. Thursday saw an intraday dip to .046, just .003 above the MA200. The FullSto and MACDs having been trending in a sideways moves for sometime now, but it looks like a bit of curling to the upside is underway. The CMF just crossed back into positive territory. Most all indicators are in oversold territory. While not a guarantee of a bottom in place, the stock is certainly cheaper now than at anytime during the last 4.5 months. On watch for now. GLTA
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