SamSuka
The Long Investor
The Long Investor

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$FSR

$FSR is experiencing some volatility lately and any strong bounces are being met with some harsh selling.

My blue line at $1.40 remains the 'potential bottom' (which is very difficult to say at this stage).

I think in order for this to really start reversing, they need a catalyst and they are long time away from their next earnings.

I am seeing everything I need to see in terms of completing its aggressive 5 waves down and it's bearish structure from Feb to now. 

I also believe that $FSR has no right being at this level. Let's see if $FSR moves down to $1.40 before bouncing

$FSR

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