JenyaGurkov

$FSNN Breakout

Long
NASDAQ:FSNN   None
$FSNN released some major news in the end of August, the stock made a move from 1.24 to 3.75(302% move) in 4 trading sessions with high volumes. After some profit taking took place, the stock being consolidating for several weeks now, and managed to close above 3 for the first time in 10 trading sessions on almost doubled average volume with a gain of 8%. On September 19th, $FSNN is about to present in the Dougherty & Company Institutional Investor Conference.The idea is if the stock will break its closest resistance levels of 3.10 & 3.20, it may run to 3.50,3.75, 4.
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