$FIT First time buyer of this stock on a small position. Will it bounce off that MA line like last time or break down?
$FIT closed down 1.53 percent on Wednesday, August 19, 2015, on 17 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
$FIT closed down 3.34 percent on Monday, August 24, 2015, on 72 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.