ThisTejas

Fastenal Trend End

Long
BATS:FAST   Fastenal Company
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1
FAST has been on a good tear, but all good things must come to an end. Fib ratios and previous price action used in confluence to point out possible targets to mark the end of the bullish run. Though we are close now, there has been no indication in volume to let us think price has reached the top just yet. When viewed on a weekly chart, candlesticks make the upper confluence zone more viable.

Comments

awesome! A different perspective on this stock but it seems plausible. Good job!
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