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| Daily Chart of FOSL (11:05AM) |
I would never pay what they ask for anything but the stock is catching a lot of interest today. By 11:00AM it had already traded more than the 10 day average number of shares and it is pushing on a quintuple top. (You can only see 4 but there is another in May.) If it breaks 93.69 that puts it into a big gap that extends up to 125.20. That would be a nice ride. With the 50 day now just above 87 this looks like a decent place to take a small starter position with the plan to add quickly if the stock moves into the gap.
No position yet.
