iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

FRED is Too Sexy for This Market

[youtube:http://www.youtube.com/watch?v=39YUXIKrOFk&ob=av2e 550 412]

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I charted FRED earlier this week as a retail play flirting with a major breakout above $11.75. Today, the stock is moving through that level, and is more consistent and potent intraday than many of the wishy-washy moves in other stocks today. As you can see on the daily chart below, there is quite a bit of room to run above if the breakout holds true.

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3 comments

  1. EvanBFI

    They gay?

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