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Is FRMI coiling for a breakout? Bollinger Band Squeeze shows up after declining 0.24%
FRMI closed down 0.24% on Thursday, August 6th, with volume running 0.9× below average. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 5.95, 5.73 & 5.54, with resistance at 6.36, 6.54 & 6.77.
Current SwingTradeBot Technical Rating of FRMI: F
Just a sneak peek — check SwingTradeBot.com for the full story on FRMI.
Read full article here »