Chart.ly Chart of the Day: FSI International FSII

  • Posted by
  • on March 17th, 2010
ldrogen

Today on the Chart.ly Chart of the Day we take a look at $FSII with @traderstewie.  A short word of caution, this is a low market cap stock, and only trades a little more than 500,000 shares a day, risk management is of the utmost importance in this issue.  The pattern though looks amazing and this stock could be set for a nice run.  The run in late December has been followed by a low volume consolidation in the form of a symmetrical triangle.  Look for a move through 3.40 to get long this name for a swing trade.

ldrogen

Leigh Drogen is the founder and chief investment officer of Surfview Capital, LLC, a New York based asset management firm. Leigh specializes in momentum and long/short strategies across several different asset classes. Using technical analysis supported by macro economic and fundamental factors, Leigh takes advantage of high probability movements on the swing trading time frame. Prior to founding Surfview Capital, Leigh served as an analyst and trader for Geller Capital Management, a White Plains, NY based asset management firm. His educational background includes focus in economics and international relations, specifically war theory. Along with publishing his own blog, Leigh heads up the development of the Chart.ly platform at StockTwits. Outside of the markets, Leigh continues to play competitive ice hockey and is a dedicated New York Rangers fan. You can follow him on his blog LeighDrogen.com.


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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