FITX Daily Chart ~ A Strong Day Following a Day of Pullback and Consolidation
As I mentioned in my last FITX post, I'm not a fan of gaps, but I took a chance and added shares on Friday instead of peeling a few off. FITX traded over 120 mil shares today with very large accumulation. The double top in the mid .006s will probably be taken out tomorrow or Wednesday at the latest. For those that bought on the double bottom and break over the MA100 and 20, nice move. Our .002s are looking pretty good. The longer the stock trades higher, the less chance that the gap, what many have been waiting for, will ever be filled. Rumors of huge the beginning of a news cycle beginning tomorrow or Wednesday would be the catalyst to push the stock well over the double top. As always, trade smart. GLTA
As I mentioned in my last FITX post, I'm not a fan of gaps, but I took a chance and added shares on Friday instead of peeling a few off. FITX traded over 120 mil shares today with very large accumulation. The double top in the mid .006s will probably be taken out tomorrow or Wednesday at the latest. For those that bought on the double bottom and break over the MA100 and 20, nice move. Our .002s are looking pretty good. The longer the stock trades higher, the less chance that the gap, what many have been waiting for, will ever be filled. Rumors of huge the beginning of a news cycle beginning tomorrow or Wednesday would be the catalyst to push the stock well over the double top. As always, trade smart. GLTA
