$Fbcd Chart Analysis
upon review bullish divergence can be seen, as well as a bull flag on the 30 min chart, mac d is on rsi is on,
FBCD closed up 9.5 percent on Thursday, September 16, 2021, on 1.58 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
The Barchart Technical Opinion rating is a 56% Buy with a Strengthening short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
The market is approaching overbought territory. Be watchful of a trend reversal.
FBCD closed up 9.5 percent on Thursday, September 16, 2021, on 1.58 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
The Barchart Technical Opinion rating is a 56% Buy with a Strengthening short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
The market is approaching overbought territory. Be watchful of a trend reversal.
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