FAS rallied 130% traded to 5.51 in premarket.

I noted progressive targets as "4.60/5/6 upside targets"; but, with the negative divergences on intraday, looking for another entry has better risk/reward ratio.

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Posted by: __1Best__ Date: Thursday, March 12, 2009 11:51:08 AM

FAS trading at 4.35 near R1 4.60/5/6 upside targets after consolidation.

The Mark-to-Market favorable outcome will help market.


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Posted by: __1Best__ Date: Wednesday, March 11, 2009 6:22:42 PM

FAS is showing new all time high trading volume 351 millions shares. It is astonishing that we have many financial stocks are trading less than $10.

FAS traded to vst 4.37 target today.

Posted by: __1Best__ Date: Wednesday, March 11, 2009 11:49:04 AM

FAS traded to vst 4.37 target today, breaking above it is certainly positive to 5.05 +/- pivot.