FGR
LONG TERM:
Broken through the trading range (4.8-6.7c) that dominated the end of 2015. Mild resistance from August at 9.1c, followed by 10c, 12c and 13c. A few days of consolidation should see the 50SMA cross the 100SMA. RSI trending upwards, although not reaching overbought yet.
SHORT TERM:
Clear breakout above 6c. All SMA's trending upwards - 5SMA crossed over with 10SMA and 20SMA. Highest volume today we've seen in 6 months, on an up day of 17% = extremely bullish. While the RSI has entered overbought territory, the strong momentum has continued, suggesting further strength. MACD as positive as it gets.
