FAST is trying to break through and close above its recent all-time-high of $54.31.
Good news is that it's holding its previous all-time-high of $51.89 as support.
With buying pressure slowing down it may come back down to retest the $52.50 to $53.10 area as support before making another attempt at breaking and closing above $54.31
Final thoughts * Strong up trending stock * Expected to have earnings-per-share growth over the coming year * Great long term hold as it pays dividends
Trade Idea * Look for buying opportunities around the $52.50 to $53.10 area
@TORNADOF5, looks good but might be a bit extended... it hasn't shown up on my radar yet.
TORNADOF5
⋅
@HaseebKhan_90, i see traders are buy plug like crazy but , dont you think after 3 green day run 7$ + it must go down ?? =/
HaseebKhan_90
⋅
@TORNADOF5, In my opinion, PLUG is very extended at the moment and may come back down to the ~$34 area. That being said, PLUG doesn't fall under my strategy so I don't really care about what it's doing.
TORNADOF5
⋅
@HaseebKhan_90, seems like only we are thinking that way LoI i like this idea to thanks