Federal Int after hitting the low of 24 cents on 6th Feb 2017, it has since managed to stage a nice recovery and head higher to conquer 30 cents on 13th Mar. This is generally rather bullish.
It has continue to trend higher from 30 cents to touch a new high at 48.5/49 cents On 25th April.Couple with high volume, this is rather positive.
Short term wise, I think it may likely move up to retest 49 / 50 cents. Breaking out of 50 cents with ease , it may likely propel to drive the share price higher towards 55 then 60 cents.
( trade base on your own decision).
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