I originally bought this stock early in 2019 thinking it was breaking out of the same pattern I'm illustrating now so I could be wrong again (I'm not buying more here), but I held through that initial shakeout and continue to hold and am encouraged by the recent price action in this stock. (I hold a small position in this stock - only 85 shares in my Roth IRA). ...
This is a Bullish indicator signaling FORM's price could rise from here. You may explore going long the stock or buying call options. I identified 49 similar cases where FORM's MACD histogram became positive, and 41 of them led to successful outcomes. Odds of Success: 84%.
Hi everybody! I'm waiting for a good potential upmove in FORM! Lots of good long time support in this one, so I can afford to be patient if it doesn't work out quickly!
FORM: FormFactor, Inc. 2019-10-09 16:30:00 FormFactor Acquires FRT GMBH
FORM is in a long-term uptrend. Target = $18.40. Would look for entry when RSI reaches 60 level.
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Bull flag testing support at 8.43 and closed with vol. Watch b/o 8.50