$FSR
Added 2023-10-02 21:53:39 +0000 UTC$FSR closed its $170 Million convertible note offering today and the stock reacted positively to this news.
Many stocks were performing well today until the mid day slump kicked in and only the Mega Caps managed to hold relative strength across the board.
We can consider from this that the Mega Caps can recover first, while the market lags until it finds it feet.
Naturally money will flow into fundamentally strong companies first.
$FSR had a strong day and finished above $6.41.
We can see that at $7, $FSR has rejected here three times in its ascending triangle so this is the target to break above now and if successful, we are finally into the Bull case.
