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1450 low for FSR...?

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genie2b
Frequent Contributor
I did some Tech. analysis for FSR and from what I could see is that it should not go below the 1450 mark...but I'm second guessing myself...can anyone give me some convincing as to should I climb in at that level...or wait till next week?
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2 REPLIES 2
Hibiscus
Regular Contributor
Good correlation between FSR and the other major banks. What make FSR so special as to break the correlation today (see NED). Look for confirmation to buy FSR now vs next week in bank index!!
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barry_1
Super Contributor
could be we are headed for a better than expected pay out at the final OMO
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