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$FDGR | ($FDGR) Trading Signals (FDGR)

By Thomas Kee

$FDGR | ($FDGR) Trading Signals (FDGR)

The technical summary data tells us to buy FDGR near 12.27 with an upside target of 12.86. This data also tells us to set a stop loss @ 12.23 to protect against excessive loss in case the stock begins to move against the trade. 12.27 is the first level of support below 12.6543 , and by rule, any test of support is a buy signal. In this case, support 12.27 would be being tested, so a buy signal would exist.

The technical summary data is suggesting a short of FDGR as it gets near 12.86 with a downside target of 12.27. We should have a stop loss in place at 12.9though. 12.86 is the first level of resistance above 12.6543, and by rule, any test of resistance is a short signal. In this case, if resistance 12.86 is being tested, so a short signal would exist.

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