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FormFactor, Inc. (NASDAQ:FORM) is right on the cusp of a big breakout


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#1 Costa

Costa

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Posted 08 May 2013 - 12:35 AM

FormFactor, Inc. (NASDAQ:FORM) has seen some very impressive volume recently, most of it coming after the earnings report released late last week. The stock was up 1.3% today amidst some steady buying pressure. Nearly 1 million shares traded hands, well above an average day for FORM. The technical chart shows a stock that is right on the cusp of a big breakout. The stock breached its 200EMA and was able to close above that at $5.13 today. This bodes well for tomorrow and beyond. Stay tuned !!

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