ALERT: Fitbit Inc (NYSE:FIT) Bullish Breakout Just Triggered

Shares of Fitbit Inc (NYSE:FIT) are near triggering a major inverse head and shoulder pattern. This is extremely bullish with 40% upside. Fitbit Inc is trading near its 52 week lows and shorts have been in full control. When the inverse head and shoulder pattern triggers, shorts will start covering, popping the stock sharply. Look for an upside move to $7.00 or above.

 

 

Gareth Soloway

InTheMoneyStocks

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