A good friend of mine alerted me to this counter and he tink this counter is worth shorting.
1. The 50d EMA and the 200d MA are acting as resistance
2. 38.2% Fibbonacci retracement acting as resistance too
3. $5.21 has been tested thrice and price action failed to close above it
4. A/D line fails to make a new high
F & N chart:
Sunday, September 9, 2007
F&N chart
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