Wednesday, October 22, 2008

FCN - slowly rolling over

FCN - this trendline may provide some temporary support but I think an eventual break is more likely and will present a good opportunity to get short.  You can see that things might be starting to roll over, based on the original angle and current angle of the upper trendline.  Option volume sucks though, so you'll have to either use stock or paper to trade it.

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