FD Break out$Fd with a break out on a bullish symmetrical triangle, with a text book retest now to see if it has a text book take off. Indicators look ready to ignite it way up but on the daily chart time frames we are looking pretty oversold. Mind you in a bull market indicators may run high,
Lets get it.
First target is:
1. $23
2.$39
3.$49
Goodluck.
Facedrive
Potential entry in coming weeksFrom a technical standpoint I would assume we will see a drop down to the 11-11.50 mark. With support at this level it would provide a buy opportunity with a pt at ~14.50 and if long term resistance line is broken we could see a very profitable long trade. Will be keeping an eye on this one in the coming weeks
FaceDriveGreat company and apparently has big time investors involved such as black rock. The new signing partnership with $AC should push this stock towards new highs. This stock has continued to show higher highs and lower lows indicating bullish momentum. Using the Fibonacci extension you can see the clear levels of resistance ahead.
Indicators are looking solid and minor bearish divergences have been shown.
www.baystreet.ca
