FGEN showing some muscles after shallow correction

The Kijun Sen line has been successful so far in preventing the price to go down as FGEN continue to consolidate and find a good support. Does FGEN got a good rest and is ready to fight again? Today FGEN is showing some muscle as it inched forward. I think it is good to buy some shares for testing. Current support is the Kijun Sen line and next to that is at 18.16 per share while resistance is at 20

All Ichimoku elements are still in a bulllish position.


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A computer engineer by profession and loves to develop online systems/websites. A self-taught stock trader who loves to share his knowledge and enjoys learning, expanding knowledge and staying well-informed. Most often he uses candlesticks, Fibonacci Retracement levels, Ichimoku system on his technical analysis but loves to hear some rumors as well.

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