Stock Chart Analysis FCSX

Posted by downtowntrader | 10/01/2007 09:43:00 PM | 0 comments »

Stock Chart Analysis FCSX

FCStone Group, Inc. (Public, NASDAQ:FCSX)

FCSX has been forming a reverse head and shoulders chart pattern recently and looks like it is just above the neckline, which would validate the pattern as a bottom. It is close enough here that it could go either way. If it does clear the base, then the target takes it to it's all time highs, so it's worth paying attention here.

Good Trading,


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