FEYE About To Continue it's Up-Trend

Looking at the weekly chart (below), we see FEYE on an up-trend and lately corrected to 50% Fibonacchi level which is also acting as a strong historical support level.


Moving down to the Daily chart, the price recently broke the downward trend line with MACD histogram increasing. Our entry trigger would be at $17.71 and Stop Loss would be placed below the latest low.