Looking at the weekly chart (below), we see FEYE on an up-trend and lately corrected to 50% Fibonacchi level which is also acting as a strong historical support level.
Moving down to the Daily chart, the price recently broke the downward trend line with MACD histogram increasing. Our entry trigger would be at $17.71 and Stop Loss would be placed below the latest low.
Moving down to the Daily chart, the price recently broke the downward trend line with MACD histogram increasing. Our entry trigger would be at $17.71 and Stop Loss would be placed below the latest low.