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ITMS

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Wednesday, 01/17/2018 11:35:34 AM

Wednesday, January 17, 2018 11:35:34 AM

Post# of 67
Today, leading industrial and construction supplies company, Fastenal Co (NASDAQ:FAST) is declining by 6.50 percent. The sell off in the stock comes after the company reported earnings that clearly disappointed the street. The stock is now piercing the 50-day moving average. It should also be noted that today's decline is also erasing all of the gains made in December. Day-traders should now watch for major intra-day chart support around the $50.00 level. This important area will be a solid retrace level and also a nice whole round number for a good risk/reward day trade when tested.




Nicholas Santiago
InTheMoneyStocks
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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