Something brewing, smart money looks like moving, saw huge moves on FGEN FPH and other Lopez related stocks.
FGEN - we forecasted a bottom near 12-13 before a good bounce to 14-14.50 (38.2% and 50% retracement of wave 3 of Major wave C of Primary Wave IV, this could possibly it!! Afterwards, if it didnt revist the 12-13 level, we can finally call it a failed truncation and will be the bottom for FGEN for 2013 and 2014.
A move to 12-13 or lower will be the final wave 5 downward of Major Wave C of Primary Wave IV, and a powerful Primary Wave V rally will be next.
All other Lopez to follow the direction. Lets have this a good 2014 !
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