marckyjay

$FNSR, possible gap fill, RSI indicating very over sold.

Long
NASDAQ:FNSR   None
4
$FNSR a manufacturer of fiber optic cable and part of the tech sector, the tech sector has been performing very well all through the month of march. The company recently gaped down over 20% due to a bad Earnings statement, which may have created a good buying opportunity. Decent fundamentals, a low P/B ratio, good forward P/E ratio, good volume and an RSI that is indicating oversold. If this company can successfully fill this gap over the next month, a profit of 20% + can be expected.

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