• Return to Headlines

Fastenal In Review: Shares Trading 2.20% Above its May 6th Crash Low of $48.00 (FAST)

Written on Sat, 07/31/2010 - 9:30am
By Chip Brian

Fastenal (NASDAQ:FAST) is currently trading 2.20% above its May 6th low of $48.00. Investors are looking to see if this 'flash crash' low can act as support signaling the stock has completed a bottoming process.
In the past 52-weeks, shares of Fastenal have traded between a low of $34.41 and a high of $56.65 and are now at $49.08, which is 42.60% above that low price.
SmarTrend is bearish on shares of Fastenal and our subscribers were alerted to Sell on July 01, 2010 at $49.66. The stock has fallen 1.2% since the alert was issued.

Keywords: Fastenal flash crash

Ticker(s): FAST

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.