Market Blog Technical Analysis

Good solid stock moving higher: Antonio’s Perspective

I've alerted my twitter followers about the potential bounce off the rising 50-day exponential moving average in FireEye Inc (NASDAQ:FEYE) shares on Thursday and the stock has come up to my expectations as it was among the top gainers of Nasdaq exchange during Friday’s session. It ended the day at $15.38 trading more than 5M shares on decent volume. As you can see from the daily chart posted above all indicators are now crossing