There are technical indicators suggesting that much of the resistance could be as high as the $3.00 range!
That's around a 100% move if it tests those levels.
Hence, over the next 4-5 days of trading, don't be surprised if FSTH makes a hefty move northbound. It has a lot of very positive fundamental and technical factors.
For all intents and purposes, FSTH began trading yesterday morning at $1.35 and closed up in a bullish fashion to the $1.52 High of Day... which would put the day's gains up over 12% on light volume.
Imagine what could happen once buzz about FSTH heats up and volume starts pouring in!
In fact, I'm already seeing a measurable increase in chatter about this up-and-coming company so with this symbol now attracting the attention of the mainstream penny stock investment community
Below is a chart that details technical indicators that people could utilize as a way to understand how to make money playing FSTH...
Overall, the sentiment from the stock trading community is positive and excitment about the prospects of FSTH are heating up.
And if you've watched it trade or simply looked at today's prints, you could notice that FSTH has demonstrated that it could move quickly on low volume.... and I foresee this trend continuing especially as more buzz and exposure aboutFSTH's prospects get spread around the Internet and investment community.
So, let me repeat something: I realize this symbol doesn't have much trading history, but keep watching it trade because it could move VERY FAST and provide QUICK PROFITS WITHIN DAYS!
And personally, I haven't found many other OTC and OTCBB symbols that have
(1) the same fundamentals
(2) is naturally trading at these levels
(3) positioned to move upwards as quickly.
Now consider the upbeat news on home sales data...detailed below... and I believe FSTH is set to move upwards faster than most other symbols through this week into next week.
This is good news for current and potential FSTH shareholders!
Like I mentioned earlier, the chart clearly shows volume has been very low recenly.... which in my opinion suggests thatFSTH has the traits of one of those proverbial "undiscovered gems that is trading under Wall Street's radar."
During mid-morning hours yesterday, stocks were witnessing a nice uptick thanks to upbeat data from the housing sector.
Now listen to this: the National Association of Realtors (NAR) recently announced that pending home salesINCREASED for the 3rd month in a row during April. Much of this growth could be credited to the impact of the home buyer tax credit combined with a favorable housing affordability situation.
And here's one more piece of upbeat news... the NAR stated that its pending home sales index moved up by 6% in April and economists revised their expected home sales increase by 4.3%.
These factors could bode well for shareholders of FSTH.
These factors could bode well for shareholders of FSTH.
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