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Tuesday, July 2, 2013

Surprising Volume Encountered In (NYSE: FOE)

NYSE (NYSE: FOE): fell by 7.85% or $-0.55/share to $6.46. In the past year, the shares have traded as low as $2.38 and as high as $7.26. On average, 662648 shares of FOE exchange hands on a given day and today's volume is recorded at 3370467. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $6.97 represents resistance and the 200-day moving average of $6.07 would be an area of support.