FIRST LEASING - SHORT TERM:STRONG, LONG TERM:STRONG, PREVAILING BIAS: NONE
The stock has a tendency to rise in spurts and then settle at a particular price. The short and long term trends are strong though the immediate term trend is weak. If you have it, hold it with a Stop loss around 75 as the stock has a very strong support at 70.If it does not hold, it could go right to 50. The odds though are that it will settle at a higher level and stay there for a couple of months
The stock has a tendency to rise in spurts and then settle at a particular price. The short and long term trends are strong though the immediate term trend is weak. If you have it, hold it with a Stop loss around 75 as the stock has a very strong support at 70.If it does not hold, it could go right to 50. The odds though are that it will settle at a higher level and stay there for a couple of months
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