Monday, October 17, 2011

Freedom Environmental Services (FRDM) Technical Stock Chart Video

The last two days have been green closes for Freedom Environmental Services. The MACD has made a bullish cross and the RSI has pushed into bull chart territory. After touching 9 cents in June, the chart has been in a long-term consolidation, but looks like it could be ready to challenge the initial resistance at $0.06 with the next resistance at the old highs. Bottom support is at $0.035.

Distributed by Viestly

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