With the market reacting to #FOSL today with news watch #FIT
NEWS:
09:28 AM EST, 02/13/2018 (MT Newswires) -- Fitbit (FIT), a provider of health and fitness devices, said Tuesday that it will acquire Twine Health, a health coaching platform.
Touched the 161.8 fib line like a peach. Wedge formed as well. Sellers are leaving. Bottom might be in here.
200ma = 5.87
50ma = 5.86
Legacy 75ema = 5.80
[I do NOT own a position in this, jsut sharing an idea.]
5.44 so far today. They published health data; another catalyst.
NEWS:
SAN FRANCISCO --(BUSINESS WIRE)-- Fitbit (NYSE:FIT), the leading global wearables brand, today revealed a resting heart rate analysis on its global users over the last 18 months.i The company analyzed a representative sample of aggregated and anonymized average data of millions of global Fitbit users with PurePulse® heart rate tracking devices, including Fitbit Alta HR™, Fitbit Charge 2™, Fitbit Blaze™ and Fitbit Ionic™. Key findings revealed that resting heart rate decreases after age 40, women tend to have a higher average resting heart rate than men, and Fitbit users in the United States and Singapore had the highest average resting heart rate compared to users worldwide.
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