F&N (technical)

F&N, Technicals appear to be trending higher, with RSI and Stochastics both exhibiting uptrend, although caution that Stochastics has enetered into Overbought territory, while RSI does suggest that the recent rally still has some room to go. Near term resistance is tipped at $6.78 (support turned resistance) followed by recent high of $7.00. Near term support could be found at $6.59 (50day EMA) followed by $6.35 (200day EMA)