It was a very good close for FGL this afternoon. Daily support levels around the $4.66/67 level held nicely. Its right on resistance and now looks good to break out for an initial target of perhaps the $4.90 area.
We need continued buying tomorrow to push it thru downtrend resistance at $4.74. If the match out tommorow morning is $4.74 or higher, it will be time to get on board folks!. I think its possible particularly if we get a continued rally on wall street tonight.
skippa
FGL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held