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News Breaks
09:04 EDTFUQI
theflyonthewall.com: FUQI Int'l levels to watch following earnings
The stock is a big winner, up over 9.5% in the pre-market on heavy volume following earnings news. Resistance levels to watch as potential upside objectives are at $26.13, $26.72 -- the 50-day moving average, and $27.28. Support is currently at $25.43. NOTE: The stock had a large short-base at 4 days to cover, but with an extremely large 31.7% of the float short. There is potential room for a squeeze given the better than expected earnings news. :theflyonthewall.com



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