Fuling Global, Inc. is a holding company that engages in the manufacture and distribution of disposable plastic food service products. It offers disposable cutlery, drinking straws, cups, plates, and other plastic products. The company was founded in 1993 and is headquartered in Wenling, China.
P/E Ratio (with...
Thinking of paper trading FORK tomorrow morning for a few reasons.
1. Overall bearish trend
2. MFI and RSI both in overbought areas
3. Price seems to be pretty overextended
4. Just finished learning Fibonacci's and the closing price of FORK is right around that 1.618 Fibo extension area, which is also a previous area of resistance
Signs against this short, that I...