Fitbit: Beside the rumors of hostile acquisitions

7 Haz 2018

Fitbit had interesting breakout signals last days and some folks on TV had this on the radar, well done guys!
I think Fitbit there's still the chance of an outcome for the 0-ABC bear flag pattern (here in orange) but the company had a good newsflow the last month and if prices turn above >>>7 $<<< per daily close Fitbit shall procede to 10 $. Ok, I got to admit it's more a feeling than an accurately analysis.... :)

20 Ağu 2018

Not

Indeed this didn't fit with FitBit since approaching $ 7 but here is still little chance technical baears had enough



Besides this the stock is already single digit so next worse scenarios if one not cashed out with partial gains at $ 7,00 could be a split or a hostile acquisition... but as retailer I have no news on such an impact