TradingView
Barker
Jun 18, 2013 2:40 PM

I would not like to short FIO here. Long

Description

Comments
Barker
Shorts covering?
Barker
I'be been wrong before but I like my odds.

FIO is on a lower trend line. Daily stochastics oversold. 4 Hour stochastics making a bullish crossover. 34% short float. FIO is a strong acquisition candidate. Looking for a short squeeze to kick in as we push above 14 this week. Just too many reasons to be long.
QuantitativeExhaustion
Why so bullish?
More