Longterm FGEN outlook

If we look at FGEN's trend line from Aug. 2006 it has never been breached! The Movement of prices looks sexy too!

On a medium term, current consolidation from Aug 2007 gives us a hind sight of a huge ascending triangle breaking out soon. MA's are still dancing with each other which confirms the consolidation face.

This is something to watch, and if you a long term investor, it looks good for you. :)

And if you are a brave soul, current price looks like a bottom price to complete that triangle and a price that goes away from the support. :)