1. Spike into the 127 extension can be a good place to look for reversal. First target will be broken trend line. Below it - Bye Bye $FAS
2. In case that the price will not reach the 120$ level, a cross below 115$ can turn this latest upside move into False Break and send the bears in..
2. In case that the price will not reach the 120$ level, a cross below 115$ can turn this latest upside move into False Break and send the bears in..