FBVG http://stockcharts.com/h-sc/ui?s=fbvg&p=D&yr=0&mn=3&dy=0&id=p90633317065 Run/retrace pattern 12 days up with gaps, 7 days down. thats a long stall channel expected 24 to 31 days. With the volume going away already. I'd expect you see the gaps below filled long before the 24 to 31 day channel timing, breakout target is reached.
I like several things about this one. First you can see the MAY to JUNE take down with a good high volume .005 accumulation point. Someone knows something. Next the short 2 day handle. Says someone is in a hurry. Next ALL the TA indicators are positive and volume is low but respectable. And last it's coming out of the handle reaching resistance already, clear sailng.
Ouch. This one is HIGH risk! I'd bank profits & re enter with original cash amount, if you like it.
Volume way too low. Daily swings way too large, shows anyone could move the PPs. And have no idea how it could climb this long, without a following. Makes me feel it just a BAD company, without looking farther. Good companies with good moves, have good volumes!
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