Fuel Systems Solutions, Inc. (NASDAQ:FSYS) Among Top Gainers Today

Fuel Systems Solutions, Inc. (NASDAQ: FSYS) is trading sharply higher today, in fact the stock could well achieve one more day’s rally tomorrow, its technicals suggest.

Fuel Systems Solutions is up more than 23% for the day, trading at over $41, technical analysis projections can allow for a rally up to the $45 level. However despite strong technical indications, and bullish Macd crossover the entire market and major indices are in for a correction any time now and traders should play the long side very carefully, as possible ‘pullbacks’ may turn out to be longer and deeper corrections even on seemingly strong Nasdaq stocks like Fuel Systems Solutions.