FINISHED WITH FNSR... FOR THE TIME BEING

FNSR (19.09) has not shown enough strength to continue the near term bullish move.  We are taking about a 14% profit after 8 weeks (posted comments on 11/10/14, 11/17/14 and 12/24/14).

MORE ON FNSR

In this blog on 11/10/14 FNSR looked attractive trading at 16.82.  On 11/17/14, then at 16.67, we expected a surge as it crossed the 50 dma; it did.  Now at 19.77, FNSR still appears poised to tackle the 200 dma at 20.53.
Holding on to our long positions.

FNSR UPDATE

FNSR (trading at 16.67) is still holding just below its 50 dma (now at 16.71).  Expect a spike in stock price if and when the 50 dma is breached.

TAKE NOTE OF FNSR

The stage is set for FNSR to confirm and break above the 50 dma (now at 16.87).  A close above this level could give us some happy returns.

BOTTOM FISHING FOR RETURNS

How long can FNSR (19.26) can be held down?  The stock price needs to close above 19.97 in the next few trading sessions for a positive sign.