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$FSFG | ($FSFG) On The My Stocks Page (FSFG)

By Thomas Kee

$FSFG | ($FSFG) On The My Stocks Page (FSFG)

The technical summary data tells us to buy FSFG near 26.59 with an upside target of 29.5. This data also tells us to set a stop loss @ 26.51 to protect against excessive loss in case the stock begins to move against the trade. 26.59 is the first level of support below 28.13 , and by rule, any test of support is a buy signal. In this case, support 26.59 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of FSFG as it gets near 29.5 with a downside target of 26.59. We should have a stop loss in place at 29.59though. 29.5 is the first level of resistance above 28.13, and by rule, any test of resistance is a short signal. In this case, if resistance 29.5 is being tested, a short signal would exist.

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