forty skew metalics

This is a very basic quick chart as my gann program i couldnt be bothered doing another screen shot and there is so much crap on there it would be a bit to messy so i just made a basic showing of FMG.

Basically it looks like the trendline in green could still be respected and this could be a good spot to take a part position if you are bullish on FMG with stops below the recent swing in light blue. That swing is around the $4.70 area for a stop with and entry close to $5.

Shorter term the price has been making lower swing tops and has made a lower swing bottom this is indicated in darker blue so i would be exercising extreme catution here as price could easily reverse through the trendline and break lower should it want to and end the excellent run on the longer swing timeframes.

I would definatily have my stops below the most recent light blue swing low as that is a 3day swing bottom and if it breaks trend is definatily ended in my opinion.