FDP follow-up +15%
The previous post on Feb 9th shared that FDP was a good gapfib candidate on the long side. Well, the very next trading day after the post it offered a perfect long entry at the open and rallied 15% to 36.00, well on the way to its gapfib target of $40.00 or +28%. What has the market done in the same time frame? It’s -3%!
Do yourself a favor and learn the gapfib theory. It’ll serve you well, nicely demonstrated by FDP.