Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 12/15/2021, 2 days ago, when the stock price was 128.7000. Since then FAS has fallen by -3.41%.
Market Outlook
The market color is grayish with some black dots but we hope that it will change to white. The share price is below the confirmation level. On the positive side, the signal is suggesting to STAY LONG, and yet the stop loss is not triggered. Although these were not the expected results, we still recommend that you STAY LONG and assume a more cautious attitude. After all, you know that the stop loss level is on guard to protect you from unexpected bearish surprises.