FSR - Are You Ready?
Hi, this is my new update for FSR. Yesterday we got a good news and the stock rallied 18% and then it closed up only +5%, but don't be sad if we look at the last time we got a good news, the same thing happened (Ellipse 1). I expect the shorts are going to cover in next week, because the chart tells us that we have reached the bottom with 3 factors: 1.) A double bottom structure 2.) Double bottom in RSI chart 3.) A double bottom in MACD. So I think we are going to make a beautiful head and shoulders structure in the coming weeks. First we have to break the trendline then the next thing we have to do is to break the resistance $11.80-12.20, then we are ready for $15. So be patient and don't PANIC, good things take time ;)
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