TradingView
KAS109
Jan 11, 2018 11:55 PM

FORM - Formfactor Inc. - Swing Idea Long

FormFactor, Inc.NASDAQ

Description

FORM is in a long-term uptrend. Target = $18.40. Would look for entry when RSI reaches 60 level.

Trade closed: stop reached

Price is in area of demand now. Would wait to see if prices bounces off of 200 MA or moves through it, in which case a downward trend is confirmed and would be a good short. Target = $13.34

No trade- would wait 2-3 more days on price action. Earnings are 2/7/18, stock may sell off more before then.
More