one month bullish flag breakout to new highs, but may have to fight against any market weakness
BREAKOUT CONFIRMED breakout above 52.74, no resistance in area just above.
Type: True breakout from double resistance.
Target: 55.84, 5.4% Stop: 51.95, Loss: 1.9%, Profit/Loss ratio: 2.9 : 1 - Good
CURRENT PRICE 52.97, just above resistance, 52.11 ± 0.63, type double, strength 4
RESISTANCE ABOVE None.
Stock chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=FTI
BREAKOUT CONFIRMED breakout above 52.74, no resistance in area just above.
Type: True breakout from double resistance.
Target: 55.84, 5.4% Stop: 51.95, Loss: 1.9%, Profit/Loss ratio: 2.9 : 1 - Good
CURRENT PRICE 52.97, just above resistance, 52.11 ± 0.63, type double, strength 4
RESISTANCE ABOVE None.
Stock chart
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=FTI