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FNSR - Sector: Technology - Industry: Communications Equipment

Started by AussieTrader, May 30, 2005, 10:50:09 AM

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fous

Well FNSR sure was ready for a turnaround when i first posted on this. I taded it before and lost some money on it. So now i must redeem myself and make my money back. So im buying FNSR tomorrow morning.

Technicals:

Price action broke back above the 2.45 resistence barrier that it had trouble breaking the first time not too long ago.

The ascending tren is solid and is looking to break resistence at 2.65 possibly tomorrow. I'm gonna place a trailing buy order for the open tomorrow hoping to get in on an advance above this point yet also to follow price back down if it retraces from this area.

The fundamental growth for FNSR is looking great. I posted some financial highlights below

Good luck community.

-the fous man
trade it like you mean it!

buyhighsellow

fous,
FNSR pulls back,good day for you to get in.

fous

Slight pullback today not being able to break the resistence of 2.65. Im in at 2.60. Not too worried about today i think we'll see this above 2.65 in the near future.

-fous man
trade it like you mean it!

fous

Nice rally today to close back above the resistence levels at 2.65
trade it like you mean it!

Calvin87

I'm in a 2.72.  I'm really liking the potential we've got here, and I think this might be a good one to hold onto for awhile.
"The meek shall inherit the earth, but not the mineral rights."

fous

Lots of pressure building up in this 2.70 area. I think this ones gonna pop out of this zone anytime now. Price action is nearing the 13 EMA and ascending trend line. Im aniticapating pps will bounce off these resistence areas and continue its ascent north. An above average volume day would always be nice too ;D

-fous
trade it like you mean it!


fous

Quote from: peterwangos on February 01, 2006, 11:16:36 PM
Is http://www.secform4.com/insider/showhistory.php?cik=fnsr worrisome?

Ya i saw that peter, the director has been on a selling hay day. Not sure why. But i still like the chart and will continue to hold as long as it closes above the red ascending trendline which stands at 2.56 tomorrow.

-fous
trade it like you mean it!

fous

ascending trend line barely holding up. Though todays candle formed a doji star which is a bullish indicator. If mondays a white day it will be a morning doji star which is pretty bullish candle pattern. Trendline stands at 2.63 for monday, sell on a close below 2.63.

-fous
trade it like you mean it!


Calvin87

Nice day today, close at 2.65, 2 cents above the ascending trendline.
"The meek shall inherit the earth, but not the mineral rights."

fous

trade it like you mean it!

Calvin87

Up 11 cents after hours, I'm staying put :P

I didn't see any news annouced, so I'm not sure why, 11 cents is pretty unusual.  While it may not predict market activity tomorrow, I can't really complain.  >:D
"The meek shall inherit the earth, but not the mineral rights."


fous

I made the mistake of selling this one a bit too early several weeks ago. Recently price action is looking great. Todays candle wasnt looking too attractive as a doji, But its currently up 15% in AH to 3.38 from todays close at 2.90.

-fous
trade it like you mean it!