FOSL is currently in a Triangle Descending pattern.
--Bearish--
Triangle Descending Pattern
Short Float - 36%!!!
Weekly RSI
Weekly STOCH
Macro Environment
--Bullish--
Daily RSI
...
--The Plan-- Waiting for it to confirm trendline, and upon retracing will enter a short position through a hedged options strategy. Will be seeking to hold short till earnings, and will seek a price target of $11.50 prior to earnings.