FSNN Daily Chart........ A reversal to the upside
Post# of 3881
Posted On: 12/19/2012 8:43:58 AM
FSNN Daily Chart........ A reversal to the upside appears to be close.
The indicators have leveled out and started to curl up again. The FullSto is crossing to the upside. The faster MACD has gone to a buy signal. The slower MACD looks to be setting up for a buy signal. The accumulation continue up during the entire decline from the mid teens to the low .06s. As one can see, the previous intraday lows in May, June and August were in the same levels of the .05s and .06s. The moving averages are still dropping, and those are the resistance points as the stock price gets near them. A few green volume days like yesterday will go a long way in firming up the indicators. The stock is cheap imo. GLTA
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