Candlestick analysis on FIRE After breaking the important $1.50 support set in June, the stock dropped to set a new low at $1.30 this month. We then had a new lower high at $1.54 followed by a new higher low at $1.38 this month.
$1.50 now forms the resistance that we are seeing. If we close higher we're in good shape to take our the rest of the resistance in the $1.55-$1.60
Past $1.60, we're clear for a run.
Now the barchart sell rating of 72% is weakening with some important short and long term indicators turning positive
| Short Term Indicators |
| | 20 Day Moving Average | Buy |
| Long Term Indicators |
| | | 100 - 200 Day MACD Oscillator | | |
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