Saturday, April 12, 2014

First Gen Corporation (FGEN) - April 11, 2014

Technical View
Weekly Chart
>FGEN encountered resistance at 50.0% Fibonacci Retracement, 50.0% Fibonacci Fan and Arc.
>The 38.2% Retracement seems to be supporting the downside. Further support at 50MA (P17.18), 38.2% Fibonacci Arc and 61.8% Fibonacci Fan.
>RSI is currently at 53.70. (Resistance at 56)
#Caveat
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