Disclaimer: Steelman's Technical Charts are my own amateur interpretations of technical charts and for informational purposes only and should not be construed as investment advice regarding the purchase or sale of securities, or any other financial instrument of any kind. Please consult with your financial adviser before making an investment decision regarding any securities mentioned herein. Steelman's Technical Charts assume no responsibility for your trading and investment results.
Friday, December 31, 2010
Here is one a friend put me on to. FBC is a small cap bank that just broke thru a gap window (1st blue line ). It also is in a bull flag pattern as shown in red. A break of 1.65 it should run to 1st target 1.83 then potentally to gap fill (top blue line) at 2.25