Fonar Corp. in a good entry

It seems to me that it is looking for a reversal.

The price has already been rejected 2 times by touching its EMA.

It has resistance at $19.5 - 20.

30% below its August high.

It can go as high as $25.

"Fonar Corporation designs, develops, manufactures, and sells magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human disease."

FONR
manufacturermedicalstocksMoving AveragesresonanceSupport and ResistanceTrend Lines

Penafian