TradingView
MarthaStokesCMT-TechniTrader
Apr 19, 2019 12:57 PM

FAST: Steep rise, overextended indicators = profit-taking risk 

NASDAQ:FAST1D
Fastenal CompanyNASDAQ

Description

⋅
FAST moved out of its sideways pattern and gapped, then ran up to a new all-time high. The stock is at risk of profit-taking due to the angle of ascent of the price action and the overextended technical indicator patterns.

Trend LinesCandlestick AnalysisTechnical IndicatorsFASTgapupalltimehighprofittakingriskoverextendedTechnical AnalysisStocks
More