InvestorsHub Logo
Followers 198
Posts 9917
Boards Moderated 0
Alias Born 06/14/2006

Re: midas716 post# 2438

Sunday, 09/17/2006 8:56:00 AM

Sunday, September 17, 2006 8:56:00 AM

Post# of 75789
Update FMNJ

Pinksheet

IMO this will eventually be a good play. Fundamentals are solid. Right now though commodities are going down and I don't know how that will affect this one. Link back for the fundies.

PPS - This is how this one has been playing so far. Since Aug 16, which IMO was the bottom, it has turned in an up week, a down week, an up week and a down week. Look for an up week this coming week. Also the lows are getting higher and the highs are getting higher.

MACD - Steadily rising to 0 from it's bottom in June.

M/F - on an upswing since beginning of September.

RSI - Trending to the side but sitting good on/around 50. Look for it to move up again with what should be an up week if the trend continues.

A/D - Holding steady.

Stocks - Has crossed to the down but will probably cross back over if the weekly pattern holds true.

6 month daily





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.