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FLDM Short; At Resistance; Rising Wedge; Poor Fundies
Short
FLDM Short; At Resistance; Rising Wedge; Poor Fundies
By d-seven
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Feb 1, 2015
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Feb 1, 2015
FLDM is a extremely weak fundamentally with a high PEG ratio. It is setting up with a Rising Wedge and is currently at resistance.
A breakdown below $36.78 would trigger a short position.
Des
Owner of Grok Trade; trader of 17 yrs.
Rising Wedge
Support and Resistance
Wedge
d-seven
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