$FIT Monthly High & Low Table – May 2017

Projected LOW was 5.38 for a HIGH=6.80 Generated by Daily Trader Toolkit

$FIT Daily Chart 5/25/2017

$FIT closed at the top line of the descending channel. Any close below it ($4.32 on 5/26) will send the price quickly down to $4.68 $FIT Daily Chart 5/25/2017 Generated by Daily Trader Toolkit

$FIT Weekly Projections

$FIT weekly up trending channel still intact. next week we have to see a close above $5.60 to preserve it. based on the monthly High/Low Table $FIT shouldn’t go lower than $5.58 Generated by Daily Trader Toolkit

$FIT Daily Chart 5/11/2017

$FIT has to close at or above $6.10 today for bullish case. Generated by Daily Trader Toolkit

$SPY Price Target $240.66 at close on 5/11/2017

Generated by Daily Trader Toolkit

$AMD Price Target

$AMD should close the week at $11.03 with a High of $11.03 by the end of the week. Generated by Daily Trader Toolkit

$FIT Tomorrow will be decisive

The best matching pattern shows a gap and go situation. In this case we may be talking about an open around $6.30 with a $6.80 price target (see my previous post What to expect next) In the last few days $FIT has traded in a “bull flag” pattern any break and close above the channel is […]

$FIT what to expect next

$FIT daily chart is becoming more bullish as the price reached a new high last Thursday May 4th. On Friday the price pulled back with an expected bottom around Wednesday May 10th with a close at or above $6.12. In the mean time I am expecting the $5.86 gap to be closed on Monday May […]

$FIT no reason to panic longs! 5/5/17

Longs should have no reason to panic unless $FIT closes below $5.86 today. the up trend channel is still intact. we will probably see a gap fill and move up again to close the month above $7. Generated by Daily Trader Toolkit

$FIT Daily Candlestick Analysis 5/4/17

The least I can say is it is irresponsible to short at this time. Give me $7 tomorrow! Generated by Daily Trader Toolkit