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FSR Uptrending in Ascending Channel

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NYSE:FSR   None
NYSE:FSR

FSR is uptrending on the one-hour chart.

It is in the bottom quarter of the channel
and relative strength is mid-range.

It is at the multisession VWAP after
a small pullback down into the bottom of
the channel and seems to be at
a long entry.

At the last earnings, FSR exceeded analyst's
expectations.

FSR's website and marketing suggest a
bit of a "cult" forming.

The recent legislation and bill in DC
for federal tax credits may serve as
a catalyst for a further price action


All in all, FSR might be worthy of an
upgrade from watch to buy.
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