derekh42

FIRE staying steady

Long
TSXV:FIRE   None
Fire is a very under valued stock in this sector and big investors know it. I have noticed large purchases limit orders supporting 2.10 price and I have noticed increased volume in the past month the bulls are getting ready to take this stock past 2.40 but I think they are waiting to catch the bears in a trap. there has been some solid support above 2.00 and I believe due to the amount of deals they have done recently I give fire a 2 billion dollar evaluation or estimated target of $6-$8. Fire is a slower moving stock but the 7 acres facility will be fully up and running in December 2018 and they have an in demand rec brand that I believe will push fire to the next level. happy trading. long fire.

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