18th Nov 2010 – Pattern Study on FAS

Ticker:

1. FAS

Topic:

1. Buying FAS at its own trend line and DJIA's trend line and 50MA line.

Lesson Learnt:

1. It should rebound at strong trend line and MA line.
2. 'Good News' tend to follow after that.
3. Risk is always there, so be careful.

Intraday Chart

Historical Chart