$FSR New Bottom Identified!

FSR completed a Piercing Pattern on 11May and appears to have identified a new bottom. The next seven days after that pattern, no candles have closed below the piercing pattern's opening low, so it appears to be a solid bottom. It ran into resistance at $12 and appears that it will close there today as well. If the next couple days confirm that as a support, it should go and test $15 at the next major resistance level (previous support) which would give a gain of 21% over the next week or two. There's a minor resistance level at $13.50 so it may stall there for a bit or just blow right through it.