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First Trust Mega Cap AlphaDEX ETF Message Board

  • markofbklyn markofbklyn Dec 31, 2003 7:59 PM Flag

    fmk over the next few days.

    the stock has bounced of the low of 1.20. though people don't belive in buying a stock that just had a 50% run in a few days, this stock is different. reason 1 there are a lot of buyers out there and not many sellers. remember the trend is your friend and the trend of the stock is upwards. the stock i don't think can go back to 4.00 right away but i would not be suprised if it hits 2.50 sometime next week. as long as it's 10 day moving average 1.21, 21 day 1.42, 50 day 1.68. the next stop is 200 day which is 3.66. so the trend is higher. also note there is also a risk in investing in any company and the loss of all your money is possible. so be careful wherever you invest and do your research.

 
FMK
26.4697-0.0604(-0.23%)May 26 11:47 AMEDT