Bulls are pressing the shares of FBIZ to go up

٢٦ أغسطس ٢٠١٦

Recently First Business Financial Services, Inc. FBIZ has lost almost 18% of its shares value with the price crossing down 20, 50, 100 and 200 moving averages. On the other hand the stock is exposed to a strong buying pressure. The view might be supported by a growing volume and candle pattern analysis. The long lower wick which finished yesterday’s trading day imply the growing bullish sentiment and the validity of the support area which was hit more than 10 times during two years.
We would consider the current opportunity as strong bullish signal and project the price go up $25

For more ideas visit mercuriusam.wordpress.com