Fingerprint Cards (FING-B) has in a long time followed the trend-wave. If the price has enough momentum to trade up and over the EMA 21-period and have a closing candle above the EMA.
A long position in the price of 15.000 and a S/L beneath the EMA. If the price can move up over the EMA, the bull-buyers will have enough strength to raise the price.
A long position in the price of 15.000 and a S/L beneath the EMA. If the price can move up over the EMA, the bull-buyers will have enough strength to raise the price.
Comment:
Dejectedly, the price didn't manage to reach above yesterdays closing candle, but the sellers came in quickly. Properly because of fingerprint's news with FutureCards. So the price didn't move up because of the price action, but because of the unexpected news.