Manzo Pharmaceuticals Inc. (MNZO)

[Martin11]

Stock Trend Analysis Report
Prepared on Monday, August 18, 2014.

FORTUNE OIL & GAS (NASDAQ:FOGC)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low FOGC Price Change
0.0004 0.0004 0.0003 0.0003 -0.0001
Entry Signal


MarketClub’s Trade Triangles for FOGC
The long term trend has been UP since Feb 24th, 2014 at 0.0001
The intermediate term trend has been DOWN since Jun 19th, 2014 at 0.0006
The short term trend has been DOWN since Jul 25th, 2014 at 0.0005
Smart Scan Analysis for FOGC
Based on a pre-defined weighted trend formula for chart analysis, FOGC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60