TECHNICAL ANALYSIS | March 1, 2017
A Quick Read of Fabrinet
The chart of Fabrinet (FN) has not been an easy read. After reaching a high of 46.50 on October 5, 2016, it began to move lower, making a series of lower highs and lower lows, but a breakout to a new high of 47.50 on February 13, 2017, causes us to reconsider this chart and ask, is now a good time to be long FN?
by Stella Osoba, CMT
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